Category Archives: Jobs and economy

Higher American auto prices might be on the way

Bill McMorris reports for the Washington Free Beacon on a development that could lead to higher prices for your next new automobile purchase. New union contracts negotiated at American auto manufacturers will lead to a spike in labor costs after years of belt tightening. The United Auto Workers approved significant contract adjustments at Ford andContinue Reading

Don’t tell Matt Damon

One suspects that Matt Damon, the liberal star of the hit movie “The Martian,” would not be thrilled to read the following Fortune magazine blurb about the Andy Weir novel on which the film is based. In a feature titled “The Books That Changed My Mind,” former Intel CEO Craig Barrett offers this assessment ofContinue Reading

Bloomberg editorial follows the ‘college is oversold’ theme

The latest issue of Bloomberg Businessweek features an editorial that would surprise no one familiar with the notion that college has been oversold. Marco Rubio has done America a great service by offending its chin-scratchers and navel-gazers. “Welders make more money than philosophers,” the senator declared at last Tuesday’s Republican debate. “We need more weldersContinue Reading

Barron’s ‘Economic Beat’ writer sees more inflation on the way

Gene Epstein of Barron’s explains in his latest column why inflation might be heading toward the targets the Federal Reserve has been watching. Might there be a light at the end of the inflationary tunnel, signaling to the Federal Open Market Committee that inflation could soon be running near its target of 2%? The consumerContinue Reading

Mars, Mayflower, and the economics of exploration

Thomas Donlan of Barron’s probes one key question missing from the plot of the recent hit movie “The Martian”: Why did the crew of astronauts head to Mars in the first place? It’s a question that directs Donlan to an earlier voyage of exploration. … [T]his is the season to think of the Mayflower, aContinue Reading

About that gender pay gap

Guy Bentley of the Daily Caller highlights a new analysis of the well-publicized differential in pay between men and women. The 17 percent gender pay gap is almost entirely due to age, marriage and the different hours worked by men and women, according to a top economist at the American Enterprise Institute (AEI). The BureauContinue Reading

This weekend on Carolina Journal Radio

The N.C. Supreme Court could decide next year the fate of the state’s Map Act, which gives the N.C. Department of Transportation unlimited power to thwart development of property within designated highway corridors. Jon Guze explains in the next edition of Carolina Journal Radio why he’s filed a friend-of-the-court brief supporting property owners’ arguments againstContinue Reading

The research behind a call for a $12 minimum hourly wage

Sean Higgins probes for Washington Examiner readers the scant research backing Hillary Clinton’s endorsement of a $12 minimum hourly wage. Democratic presidential front-runner Hillary Clinton cited economist Alan Krueger during a debate Saturday to defend her position that the federal minimum wage, currently $7.25 an hour, should be $12 an hour, not the $15 thatContinue Reading