Capitalism

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    Gov. Cooper’s Real-World Impact: Economic Devastation For Business Owners

    The desperate plea of small business owners in North Carolina continues to go unheard by Gov. Roy Cooper, who on June 24, doubled down on prohibiting private bar owners from operating their businesses. Zack Medford of the N.C. Bar and Tavern Association reacted: The worst fears of many…
    Donna Martinez, June 25, 2020
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    Richer people really do give more

    A new working paper finds that people with more income and more wealth really do give more money away. A summary of the paper in the Economist notes The researchers found that wealthier people donate less to causes affiliated with religion and more to arts and educational ones. The…
    Joseph Coletti, May 11, 2020
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    COVID-19 Creating Big Job Worries

    To say Americans are jittery about their economic future is to downplay our reality. Jittery doesn’t cut it when roughly 1 in 3 Americans tell CNBC’s pollster they’ve either been impacted already or expect for the shoe to drop:   We’re now weeks into this public health emergency…
    Donna Martinez, April 13, 2020
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    COVID-19 response and recovery calls for a balanced solution.

    As you would expect, John Locke Foundation’s policy recommendations in response to COVID-19 outbreak and in discussions on how best to recovery once the crisis is over, have focused largely on free market solutions. We believe that offering help to people who have lost jobs and businesses shut down…
    Becki Gray, April 6, 2020
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    Innovators and Entrepreneurs To The Rescue

    Fascinating story in Bloomberg News about the reality and problem of behemoth wind turbines that have reached the end of their working life. A wind turbine’s blades can be longer than a Boeing 747 wing, so at the end of their lifespan they can’t just be hauled…
    Donna Martinez, February 7, 2020
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    Revaluing home ownership

    Has government policy, in promoting home ownership, actually made it more difficult to own a home? It’s almost a ridiculous question: who ever heard of a government policy having unintended effects that are opposite of intended outcome? It’s like suggesting that there was gambling at Rick’s Cafe.
    Joseph Coletti, January 16, 2020
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    Snapshot of the Day: Wage Growth

    Deroy Murdock of National Review points us to wage growth data, which goes against a prevailing media/progressive narrative about today’s economy. He writes: Never mind the liberal lies. Hard data reveal this reality. The Atlanta Federal Reserve Bank’s monthly Wage Growth Tracker shows that…
    Donna Martinez, January 13, 2020