Economic development (page 90)

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    A great example of the ‘fatal conceit’

    Friedrich Hayek wrote an entire book about the “fatal conceit,” the notion among big-government collectivists that they can plan their way to a better world. A brief Bloomberg Businessweek article offers an excellent example: The White House has to balance the executives’…
    Mitch Kokai, April 4, 2011
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    This weekend on Carolina Journal Radio

    As the new Republican majority in the North Carolina General Assembly pursues policy changes, some of its ideas are raising questions about the state constitution. Former N.C. Supreme Court Justice Bob Orr of the N.C. Institute for Constitutional Law addresses some of those questions during the next edition of…
    Mitch Kokai, April 1, 2011
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    Barone questions some economic claims

    Writing for the Washington Examiner‘s “Beltway Confidential,” Michael Barone debunks the myth that Americans were better off economically 40 years ago. Among his key conclusions: I think the argument here points to another conclusion: when you’re comparing economic statistics over a long period of time…
    Mitch Kokai, March 31, 2011
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    Fighting the zero-sum mentality

    Max Borders‘ latest Ideas Matter update explores efforts to fight the notion that economic transactions benefit one person at another’s expense. How do you neutralize the zero-sum fallacy? How do you explain to people that prosperity comes from people working and often cooperating to…
    Mitch Kokai, March 29, 2011
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    New Carolina Journal Online features

    This week’s Carolina Journal Online Friday interview features a conversation with Troy University economist Scott Beaulier about the key ingredients of economic freedom. Joseph Coletti’s guest Daily Journal presents a case against the death tax — which just returned from the dead.
    Mitch Kokai, March 25, 2011
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    New Carolina Journal Online features

    Sam Hieb’s latest Carolina Journal Online report focuses on a bill that would restrict municipal broadband systems in North Carolina. John Hood’s Daily Journal challenges Democrats’ complaints that the Republican-led General Assembly’s top priorities have nothing to do with creating jobs.
    Mitch Kokai, March 22, 2011
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    Saying what Say said, rather than what Keynes says Say said

    Even if you’re not an economist, you’ve likely heard the name Keynes or the word “Keynesian” in recent months. The famous British economist John Maynard Keynes put forth theories during the 1930s that justified government policies involving increased spending to jumpstart a sluggish economy. In a presentation today to the…
    Mitch Kokai, March 21, 2011
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    About those ‘bloodless’ markets

    The latest “Curious Capitalist” column in TIME begins: Markets can be merciless, bloodlessly processing available information to price assets appropriately. The assertion is true as far as it goes. But the implication is clearly false, when you consider what “markets” are. In a book…
    Mitch Kokai, March 21, 2011