Joseph Coletti

Senior Fellow

Posts by Joseph Coletti (page 2)

  • Unintended consequences in markets lead to market opportunities

    If you’re on this blog, you are probably familiar with Say’s Law that “supply creates its own demand.” In its original formulation, it meant that people could only buy stuff with the income they earned from making stuff. It ignores the ability of people to change the timing of their…
    Joseph Coletti, November 14, 2018
  • Local debt means future taxes

    A simple change to ballot language and another small change in ball could have huge impacts on local borrowing. Dan Way reported for Carolina Journal that “Debt fared better than taxes in local referendums.” Only one bond referendum failed. Wake County alone received permission from voters to issue $1.017 billion…
    Joseph Coletti, November 13, 2018
  • State employees and teachers can slow growth in health costs

    New ID cards from the State Health Plan for Teachers and State Employees made at least one teacher angry. What exactly do the cards and accompanying letter say? State government insures itself and contracts with Blue Cross Blue Shield of North Carolina to administer the program. Legislators have never…
    Joseph Coletti, November 7, 2018
  • Work requirements are “fourth best” option

    What works better than work requirements to get poor people to work? During a roundtable discussion on work requirements in anti-poverty programs, Michael Tanner of the Cato Institute 1) general economic growth, 2) removing barriers to participation in economic growth such as occupational licenses and post-prison criminal sanctions on…
    Joseph Coletti, October 26, 2018
  • The value of giving time and money

    As younger generations join family giving decisions, there is a greater emphasis on giving locally and on giving time. While people in business, governments, nonprofits and foundations continue to seek investments that scale, there is also a reemerging acceptance that some of the most significant investments we make (in…
    Joseph Coletti, October 23, 2018
  • Higher minimum wage cuts opportunity to work

    Experienced workers in Seattle had their hours cut but were able to find work outside the city to offset their lost wages, less experienced workers had no gains, and those out of work were less likely to enter the workforce. Those are the key findings of the latest look at…
    Joseph Coletti, October 22, 2018
  • Can Ben Carson and YIMBYism spur more affordable housing?

    “The high cost of housing is an important factor in trapping millions of Americans in poverty,” Michael Tanner writes in National Review. “On average, Americans in the lowest third of incomes spend more than 40 percent of their income on housing, a number that rises to more than 50…
    Joseph Coletti, October 19, 2018
  • State to sell prime real estate in Raleigh

    Employees at the Division of Employment Security, which is responsible for unemployment insurance, can walk by the rooms where they were born. The building housed Rex Hospital until 1980, when the hospital moved across town. A new request for proposals for office space tipped off Triangle Business Journal that…
    Joseph Coletti, October 18, 2018