The Editorial Board: Innovation Zones are an idea to keep an eye on

8/03/2021 - 07:59

..."Nevada Governor Steve Sisolak has introduced an interesting idea for a new form of local government: an “Innovation Zone” that would be a self-governing community, similar to a traditional city but focused entirely on the development of advanced technology.

Sisolak says the goal is to diversify Nevada’s economy without the need for tax credits, incentives or public subsidies. The proposal is a remarkable admission that government itself is an impediment to economic development. The only incentive this proposal offers is the freedom from the constraints and costs imposed by existing local governments."

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