Joseph Coletti

Senior Fellow

Posts by Joseph Coletti (page 34)

  • Outcompeting government

    Brink Lindsey makes some good points as he explains “why libertarians and conservatives should stop opposing the welfare state,” and cites one of my favorite books, Richard Cornuelle’s Reclaiming the American Dream. We have to replace the welfare state before we can repeal it. I disagree with Lindsey’s conclusion…
    Joseph Coletti, August 10, 2017
  • Bad ideas can still be constitutional

    Gov. Roy Cooper yesterday amended his constitutional challenge against the General Assembly to include three additional claims about separation of powers and the budgeting of funds for opportunity scholarships, federal block grants, and settlement funds from Volkswagen. On the opportunity scholarships, Section 6.6(b) states, “When developing the base budget,…
    Joseph Coletti, August 9, 2017
  • Pensions nationwide doing better, but not healthy yet

    North Carolina’s pension plans for government employees did well this past fiscal year, growing 10.6% to $93.9 billion. That was below the median gain for all public pension funds in the country of 12.4% through June 30. One good year, however, does not eliminate the need to continue…
    Joseph Coletti, August 9, 2017
  • How out-of-wedlock birth became typical

    Super-intern Jordan Roberts and I have spent the last month understanding TANF in North Carolina. The Temporary Assistance for Needy Families program was the creation of welfare reform 20 years ago. It replaced the much-maligned Assistance for Families with Dependent Children (AFDC) with a federal block grant to complement state…
    Joseph Coletti, August 8, 2017
  • Stadiums are liabilities

    Julie Tisdale, in her newest report on competing bids to bring Major League Soccer to North Carolina,  highlights one of the big mistakes people make when considering buildings, roads, and other infrastructure. Usually, under publicly funded stadium plans across the country, the city or county retains ownership of the…
    Joseph Coletti, August 4, 2017
  • Mortgage Interest Deduction

    Jonathan Gruber may not have the best reputation for open and honest policy-making because of his role in creating ObamaCare, but he continues to provide interesting economic analysis. His latest working paper finds that the mortgage interest deduction does little to promote home ownership. Instead, it induces people to…
    Joseph Coletti, July 24, 2017
  • Fewer taxpayers in 2019

    A new Fiscal Research Division analysis finds that increasing the standard deduction in 2019  means 230,000 more people will not owe state income taxes than in 2012, before tax reform began. Compared to this year, 95,000 more people will have no tax liability.
    Joseph Coletti, July 20, 2017
  • Life beyond legislation

    Russ Roberts is one of the most thoughtful and articulate economists around, whether in rap videos, animated poems, novels, or his weekly EconTalk podcast. A recent conversation he had with Martha Nussbaum on Alexander Hamilton and the choice between service and power, eventually led to this well-phrased reminder on the meaning…
    Joseph Coletti, July 19, 2017