Business

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    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
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    Talking tough, acting smart on trade

    The latest Bloomberg Businessweek reports that the Trump administration’s bark has not matched its bite when it comes to the North American Free Trade Agreement. Donald Trump has gone squishy by stages on the North American Free Trade Agreement, which he once called “the worst trade deal maybe…
    Mitch Kokai, July 24, 2017
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    Bank deregulation on the way?

    William Cohan’s cover story in the latest Barron’s focuses on avoiding potential pitfalls while rolling back banking regulations. Regulatory relief for the country’s big banks may soon be on the way—and not a moment too soon. For seven years, the unintended consequences of the Wall Street Reform and…
    Mitch Kokai, July 24, 2017
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online that Gov. Roy Cooper’s refusal to appoint members to a new statewide elections and ethics board is causing chaos for some local elections offices. Kari Travis interviews Gary Salamido of the N.C. Chamber about the group’s plan to open a new…
    Mitch Kokai, July 14, 2017
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    New Carolina Journal Online features

    Dan Way reports on the ongoing debate over mental health service management in North Carolina. John Hood’s Daily Journal highlights new evidence that deregulation boosts economic growth.
    Mitch Kokai, July 12, 2017
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    Local governments can step back

    Triad Business Journal ran a story today with the headline, Developer pushes agtech ‘mega campus’ forward in Research Triangle Park.  This is good news! I’ve written before about why it’s a bad idea for local governments to set up business parks or build industrial megasites or buy land…
    Julie Tisdale, July 6, 2017
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    But I thought the governor said businesses don’t pay attention to taxes

    A New York-based outfit dubbed Fit Small Business begs to differ. Danielle Chemtob reports for the Triangle Business Journal. Entrepreneurs and business owners need look no further than the Tar Heel state to set up shop — North Carolina came out on top in a new study of the…
    Mitch Kokai, July 5, 2017
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    National Review on the Amazon/Whole Foods deal

    The latest print edition of National Review features an interesting blurb about Amazon’s purchase of Whole Foods. Imagine explaining this in 1960: Whole Foods Market, a high-end grocery specializing in “organic” food and other rarefied tastes, has been acquired by the online clearinghouse Amazon, a ruthlessly efficient deliverer of…
    Mitch Kokai, July 5, 2017