Against Government Investment in Malls by Benjamin Seevers (3/31/2023)

Here is a recent article of mine that was published on Mises.org. In the article I address the causes and cures of malinvestment in the shopping mall industry. This issue is close to the hearts of many western Pennsylvanians, especially those in Armstrong County. We have seen malls build up and die off. The Pittsburgh Mills Mall and Indiana Mall are among two in our general area that have suffered. Unsurprisingly, government had its hands in this mess from start to finish. Read more here:

https://mises.org/wire/empty-malls-and-shopping-centers-how-government-fuels-malinvestments

You can listen to the podcast version here: 

https://mises.org/library/empty-malls-and-shopping-centers-how-government-fuels-malinvestments

Moral of the story: Don't let your local government sway business decisions with tax incentives, the result is almost always dreadful.