Economy

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    Alberto Alesina, in memory

    Surprisingly, for as much as Alberto Alesina’s work has meant to my own understanding of markets and governments, a Google search indicates I’ve only mentioned him by name once before. Amity Shlaes has a wonderful tribute to Alesina, who passed away this weekend, as a person and an…
    Joseph Coletti, May 26, 2020
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    The COVID-19 lockdown and socialism

    Paul Kupiec of the American Enterprise Institute compares our current economic conditions to those in societies some left-wing partisans want to emulate. The last three months in America provide a taste of life in a socialist economy. State governments have restricted businesses operations — often arbitrarily — while…
    Mitch Kokai, May 26, 2020
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    Small businesses threatened by the COVID-19 response

    Lisa Beilfuss‘ cover story for the latest Barron’s focuses on the challenges facing American small businesses in the pandemic’s wake. The owner of Diamond Dental Lab in Des Plaines, Ill., furloughed his staff of nine in late March after the state ordered dental practices to close for all…
    Mitch Kokai, May 26, 2020
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    New Carolina Journal Online features

    Rick Henderson reports for Carolina Journal Online on President Trump’s threat to move the Republican National Convention out of Charlotte. The Daily Journal explains why the world’s foremost “rational optimist” is touting innovation as a key to recovery from COVID-19.
    Mitch Kokai, May 26, 2020
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    Martin Center column ponders college’s value during a crisis

    Chloe Anagnos argues in a Martin Center column that young Americans “don’t need college” during a time of crisis. The American economy is deteriorating “with alarming speed,” Federal Reserve Chair Jerome H. Powell said recently, signaling that the government’s response to COVID-19 put people in a difficult financial situation.
    Mitch Kokai, May 25, 2020
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    Help our cideries; don’t keep them shut down

    How can our policymakers help cideries? First, let cideries open and welcome the public back in. Our Carolina Rebound project proposes another sensible way to help cideries going forward.
    Jon Sanders, May 22, 2020
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    “Who can survive that?” Cooper’s shutdown kills more restaurants

    The thought that Cooper's legal team thinks they can "discover" dictatorial powers where they aren't is terrifying. The consequences are too numerous to list. The steady destruction of small businesses and the jobs they once provided is one particularly sad result.
    Jon Sanders, May 21, 2020
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    New Carolina Journal Online features

    Rick Henderson reports for Carolina Journal Online on details of Gov. Roy Cooper’s Phase 2 reopening from the COVID-19 pandemic. Roy Cordato’s Daily Journal exposes the false choice between public health and economic growth in the debate over reopening.
    Mitch Kokai, May 21, 2020