Category Archives: Jobs and economy

Latest N.C. employment data bolster the state’s fiscally conservative approach

North Carolina’s official unemployment rate dropped again in March to 6.3 percent. John Hood looks beyond that headline number and assesses the implications for North Carolina public policy. The latest federal employment data for North Carolina support the case that a fiscally conservative approach to state fiscal policy is helping improve the economy’s long-term outlook.Continue Reading

America’s history of corporate welfare

Kevin Williamson promotes for National Review Online readers a new book detailing America’s troubled history with corporate welfare. Government “investments” have had a poor showing of late. President Barack Obama, convinced as ever that our economy can run on good intentions rather than hydrocarbons, got sold a bill of goods by such corporate rent-seekers asContinue Reading

Wake County teacher loses

According to the Wake County Schools blog, As of April 9, 2014, more than 600 teachers have left their jobs since the beginning of the school year on July 1, 2013, an increase of 41 percent over the same period last year. Here is some perspective: According to the N.C. Department of Public Instruction, WakeContinue Reading

Ten questions that the media should ask

Today, Wake County school officials are holding a press conference to discuss ““the alarming increase in mid-year teacher resignations and the dwindling supply of NC-trained teachers who are qualified to fill the empty positions.”  Here are some questions that the media should ask those participating in the press conference: 1. Is this a Wake CountyContinue Reading

Shlaes does not want us to compound the problem of economic illiteracy

Amity Shlaes invokes the theater, history, and economics in arguing for National Review Online readers about the importance of teaching the value of compound interest. For their first encounter with the principle of compounding, many Americans have Walt Disney to thank. It is his and the Sherman brothers’ 1964 version of the musical Mary PoppinsContinue Reading

New Carolina Journal Online features

Barry Smith reports for Carolina Journal Online on the heated race for the Republican nomination in the 7th District congressional election. Roy Cordato’s Daily Journal explains how a faulty theory known as Keynesianism has hurt the minimum wage debate.

How regulation extends the lives of dying businesses

Irwin Stelzer explores for The Weekly Standard the role of regulation in extending the lifespan of businesses — and even entire industries — that are ripe for extinction. “The dinosaurs surviving the crunch” was how Stephen Sondheim described women living an outdated lifestyle and grimly aware that “everybody dies.” If Sondheim had the slightest interestContinue Reading

Kudlow tries to tamp down inflationary zeal

Lawrence Kudlow‘s latest column posted at Human Events questions new Federal Reserve chair Janet Yellen’s apparent interest in sparking the economy through inflation. Will somebody please explain to me how rising inflation is somehow going to extricate us from the tepid economic recovery? I don’t get it. It used to be hypothesized that low inflationContinue Reading