Category Archives: Jobs and economy

Education is valuable … if it’s real

A blurb in the latest print edition of Bloomberg Businessweek merits some attention. There’s a long-running debate over what matters more — formal learning or learning on the job. On math tests, American teens perform worse than Danes. Latvians, and Koreans. But how much does that matter? “Education is not a panacea.” So argues JosephContinue Reading

O’Toole challenges the notion that oil prices are ‘too low’

Randal O’Toole explains in a Cato Institute commentary why lower oil prices represent good news, not the bad news lamented by some pundits. Low oil prices generate huge economic benefits. Low prices mean increased mobility, which means increased economic productivity. The end result, says Bank of America analyst Francisco Blanch, is “one of the largestContinue Reading

The impact of minimum wage hikes explored

Jed Graham at Investor’s Business Daily explores the results of recent increases in government-mandated minimum wages across the country. The Heritage Foundation’s “Insider Online” highlights the results. Hiring at restaurants, hotels and other leisure and hospitality sector venues slowed markedly last year in metro areas that saw big minimum-wage hikes, new Labor Department data show.Continue Reading

Barron’s ‘Economic Beat’ expert explores factors influencing gas prices

Like lower gas prices? Gene Epstein examines in a Barron’s cover story the prospects for future price drops at the pump. Oil bulls, take heart. The last leg of the bear market that began in mid-2014 is probably in sight, as marginal producers fall by the wayside. Supply cutbacks should bring a rebound in theContinue Reading

Barron’s editorial page editor explores new trade deal

Thomas Donlan of Barron’s uses his latest editorial commentary to spell out key elements of the Trans-Pacific Partnership trade deal. Although TPP is considerably less than a free-trade agreement, it does aim to reduce tariffs and regulatory barriers to trade among the signatories—especially the poorest countries that have the largest and broadest trade restrictions andContinue Reading

Automation and job losses

From the Winston-Salem Journal: The majority of today’s food preparation, retail and cashier jobs — the first entry-level employment for many teens and adults — may not exist within a generation because of automation and other technological advancements, according to a study from N.C. State University. The study, released in advance of this week’s FutureWorkContinue Reading

This weekend on Carolina Journal Radio

Changes in social media have created challenges for N.C. lawmakers and courts as they try to balance free-speech rights with efforts to protect the public from sexual predators and other criminals. Jon Guze explores that balancing act in the next edition of Carolina Journal Radio. Jon Sanders explains how occupational licensing restrictions create obstacles forContinue Reading

New Carolina Journal Online features

Dan Way reports for Carolina Journal Online on N.C. Insurance Commissioner Wayne Goodwin’s concerns about the negative impacts of Obamacare. Becki Gray’s Daily Journal focuses on a new tool that could help North Carolina rein in growth of the state’s regulatory burden. An interview with Stanford professor John B. Taylor explains how a return toContinue Reading