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    Duke Energy: 15-year fixed contracts will cost ratepayers $1 Billion extra

    Owing to a long menu of highly favorable state policies, North Carolina has 60 percent of that nation’s PURPA qualifying solar facilities all by itself. David Fountain, the North Carolina president for Duke Energy, writes in Charlotte Business Journal: Today, Duke Energy must buy from…
    Jon Sanders, April 26, 2017
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    Richer than Rockefeller is poor by today’s standards

    How can that be? It’s because of free enterprise in a society that values and protects God-given rights. I wrote a couple weeks about the falling price of light as one of many examples of how free enterprise is the most most effective antipoverty tool known to man. I wrote: A…
    Jon Sanders, April 25, 2017
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    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…
    Jon Sanders, April 19, 2017
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    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…
    Jon Sanders, April 13, 2017
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    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…
    Jon Sanders, April 10, 2017
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    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…
    Jon Sanders, February 22, 2017
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    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…
    Jon Sanders, February 14, 2017
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    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…
    Jon Sanders, October 13, 2016