Joseph Coletti

Senior Fellow

Posts by Joseph Coletti (page 6)

  • Unemployed and overly optimistic

    People who are unemployed start their job search with needed optimism, like new entrepreneurs. Their optimism is generally too high for their situation, particularly when they have been unemployed for a long time, but their lack of success finding a job does little to temper their optimism.  New research…
    Joseph Coletti, November 27, 2018
  • Cyber Monday and the Internet sales tax

    Have you been busy taking advantage of the CyberMonday deals available online today through Wayfair, Overstock, or other online retailers not based in North Carolina? The North Carolina Department of Revenue (NCDOR) tried to make shopping more cumbersome for you and those companies. Instead of waiting for direction…
    Joseph Coletti, November 26, 2018
  • When North Carolina made its own money

    University of Delaware Professor Farley Grubb has developed an impressive body of work examining colonial-era money. He and his former student Cory Cutsail have a new working paper in which they reconstruct North Carolina’s history from 1712 to 1774 issuing its own money, and what exactly that money was.
    Joseph Coletti, November 19, 2018
  • People give to charities for more than tax deductions

    Nonprofit organizations, like retailers, earn a significant portion of their revenue for a year between Thanksgiving and New Year’s. This was the case even before Giving Tuesday. What better time to consider why people give in the first place? Giving USA estimates that tax reform’s change in the…
    Joseph Coletti, November 16, 2018
  • 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