Cato Podcast

North Carolina Made Big Promises to VinFast and Locals Are Paying the Price

Apr 23, 2024
Paul Best, an expert in economic development, discusses the clash between government incentives and property rights in North Carolina as residents are displaced for an electric vehicle plant. The use of eminent domain, challenges faced by homeowners, and negotiating incentives for the automotive industry are explored, shedding light on the repercussions of economic ventures on local communities.
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