Category Archives: Jobs and economy

Inigo Montoya can only do so much

The president gave a speech earlier this week praising his administration’s regulations dictating energy-efficiency standards, its recently unveiled unprecedented onslaught of federal regulations vis-a-vis his “Clean Power Plan,” and its exorbitant menu of federal tax incentives for renewable energy. He boasted of the success of these federal intrusions into energy markets, which, he said, let’s be honest, has someContinue Reading






Forbes publisher isn’t counting out the Chinese economy

Rich Karlgaard‘s latest Forbes column focuses on signs of overall strength or weakness within the Chinese economy. I’ll share an anecdote that everyone in the Valley has seen or heard. A house goes on the market for $3 million (the typical price for a 2,500-square-foot home on one-quarter acre). Within two weeks the house hasContinue Reading






Forbes probes China’s currency devaluation

Steve Forbes‘ latest Forbes magazine column focuses on the impact of China’s recent currency policies. CHINA’S DEVALUATION of the yuan underscores the ongoing, dangerous, growth-retarding mess of U.S. monetary policy and, indeed, the fundamental deficiency of modern economic thinking. This intellectual bankruptcy threatens the ability of economies to grow and will consequently breed more politicalContinue Reading






This weekend on Carolina Journal Radio

Democrats have not yet rallied around a single challenger to incumbent Republican Richard Burr in the 2016 U.S. Senate race. Rick Henderson analyzes potential candidates and Burr’s bid for a third Senate term during the next edition of Carolina Journal Radio. Terry Stoops assesses the work of a review commission studying the impact of CommonContinue Reading






TX comptroller releases 50-state scorecard

The Texas Comptroller of Public Accounts published a nifty 50-state scorecard available here.  (For the rankings in each category, go here.) The scorecard includes a number of business, economic, demographic, and tax rankings for the 50 states. For example, North Carolina ranks 2nd in business tax burden but 49th in gas tax rate.  In addition,Continue Reading






Cato’s Tanner notes limited value of class warfare

Michael Tanner of the Cato Institute devotes his latest column at National Review Online to the limits of class-warfare rhetoric. Hooray! The stock market crashed! Oh, wait — you’re not happy about that? But inequality in America has decreased. Those evil capitalists, Wall Street traders, and Chamber of Commerce types lost billions. This was aContinue Reading






Voluntary certification, not occupational licensing

Carolina Journal reports on a Texas Supreme Court ruling against requiring those who practice eyebrow threading to be licensed cosmetologists. The ruling is important because the hurdles to getting a license as a cosmetologist are especially burdensome in terms of time as well as money. Requiring such practices as eyebrow threading and, in North Carolina andContinue Reading






Re: Swedish economist explains why the left hate economics

Reading that, George, reminded me of the time I thought the president might issue an Executive Order to have demand curves slope upwards, which would, of course, solve all of his economic problems — at least on paper.