Tag Archives: poor

Harvard study: higher minimum wage causes more restaurants to close

Background: a recent protest for a $15/hr. minimum wage in North Carolina. Traffic at standstill now along N Roxboro. @ncnaacp leading #FightFor15 march #ABC11 pic.twitter.com/NXWQ3pel3y — Elaina Athans (@AthansABC11) November 29, 2016 So, If you needed even more evidence of the immorality of the push to more than double the minimum wage; If you needed anotherContinue Reading

To help the poor, stop advocating for programs that make things worse

A recent column by Stephen Moore opens this way: For all the obsession in Washington and in college faculty lounges over income inequality, why isn’t there more outrage over government policies that exacerbate the problem? There are hundreds of programs that make the poor, poorer and increase poverty in America. It’s a fantastic question. Lack of outrageContinue Reading

Let there be light

One measure of human progress is increasing efficiency in creating light. HumanProgress pointed out recently that over the course of human history, the cost of light has fallen by a factor of 500,000. Here are some highlights: Early man had to 60 hours gathering and chopping wood to get the (flickering) equivalent of 54 minutes’Continue Reading

Re: Econ 101 as important as ever

Mitch’s post of George Mason University economist Donald Boudreaux’s piece for the Martin Foundation made me wonder: What kind of law professor could be so averse to the discipline of economics? And then I remembered the calculated aversion to mainstream economics exhibited by the UNC Law School’s “Center on Poverty, Work, and Opportunity.” It was already onContinue Reading

Professor worked 4 months for check-cashing store. You won’t believe what she found out!

(You’ll forgive me, I hope, for spoofing the click-bait headline writing of silly sites like Buzzfeed who traffic in sensationalism, fake news, and cat pics.) A good read in Business Insider: Lisa Servon, a professor of city and regional planning at the University of Pennsylvania and former dean at the New School, had spent 20 years studyingContinue Reading

Matthew reminds us: electricity really is a basic human necessity

The idea for my Carolina Journal column today came to me Sunday night, while I was sitting in the dark with the rest of my family reading by candlelight and hoping we would have power and water restored soon. Duke Energy’s blanket announcement that it’d be done by October 16 — the following Sunday —Continue Reading

If demand curves slope upwards, hiking the minimum wage makes all kinds of sense. Otherwise, it’ll cause more harm than good.

Regarding low-wage work in North Carolina: How many jobs would be lost by making it more expensive to hire low-wage labor is a research question; what isn’t a question is that thousands upon thousands of jobs would be lost, not gained. Skyrocketing the minimum wage over double its current rate to $15 per hour would disemployContinue Reading

Democrats’ shameful advocacy of sales taxes matched by media hypocrisy about them

John Hood’s column today explodes the mendacity in Democrats’ campaign rhetoric of opposing taxes on the working class, citing numerous times over the past decade they voted to raise sales taxes and other taxes “dramatically on households of low to moderate incomes.” Ah, but that’s campaign rhetoric, one might say. Why, it’s only focus-grouped buzzwords and catchphrases thatContinue Reading