

What Works — And What Doesn’t — in the State’s Incentive Strategy
Louisiana spends heavily on economic incentives — more than $500 million in 2023 alone — in an effort to attract investment, revive communities, and stay competitive with neighboring states. Whether those incentives deliver real value often depends on a simple question: Do they change business decisions that wouldn’t have happened otherwise? To understand which incentives pass that test, we examined perspectives from economic development leaders, business organizations, poli
Nov 212 min read


Behind the Fed’s Repo Spike: Why Louisiana Businesses Should Pay Attention
By Dr. Rajesh Narayanan, Hermann Moyse Jr./Louisiana Bankers Association Professor of Finance Short-term funding markets sent an unmistakable signal at the end of October: liquidity in the U.S. financial system is tightening in ways that extend well beyond routine quarter-end adjustments. Usage of the Federal Reserve’s Standing Repo Facility surged past $50 billion—the highest since the COVID crisis—at the exact moment the Fed’s Overnight Reverse Repo facility fell to just $2
Nov 174 min read


Op-Ed: Stablecoin 'rewards' are a risk to financial stability
By Dr. Dr. Rajesh P. Narayanan - Dr. Narayanan is the Louisiana Bankers Association Professor of Finance in the Department of Finance at Louisiana State University. Congress has long recognized that stablecoins should not function as unregulated bank deposits. The intent of the recently enacted GENIUS Act is clear: to prohibit stablecoin issuers from paying interest or yield to holders, maintaining a distinction between payment instruments and bank deposits which are not onl
Nov 64 min read






























