When I was a kid in church youth group, we sang a song about a magic penny and it goes like this: “Love is like a magic penny. Hold it tight and you won’t have any. Give it away and you’ll have many…” ...

Supporting local business has long been recognized as the key factor in driving economic growth and community development. Studies consistently show that when consumers spend their money at local ...

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In any economy, there is a multiplier as a dollar turns over and creates more dollars. An important aspect of every economic development plan is figuring out how to create multipliers in the economy ...

It’s become a mantra in Hawaii that every dollar of government spending produces $1.50 in economic benefits. This is known as the “multiplier effect,” and is cited often by unions, research ...

Which takes a bigger bite out of the economy, government spending cuts or tax hikes? The chart shows the relative size of the bite that each takes out of GDP as a percentage of each dollar in cut ...