Amihai Glazer, an economics professor and director of the program on corporate welfare at UC Irvine, said the incentives may not have mattered in the end. “Cities have been offering huge swaths of land, tax breaks and other financial benefits to lure Amazon,” Glazer said. “But after all the hoopla, northern Virginia and New York City, which offered relatively small packages, were selected.” Glazer said L.A. fell short in a couple of key areas. [Subscription is required, you can request an electronic copy of the article by sending an email to communications@uci.edu.]

For the full story, please visit https://www.ocregister.com/2018/11/13/los-angeles-loses-bid-to-house-amazons-hq2-but-some-say-thats-a-good-thing/.

 

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