Economy

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    More college, or more options outside college?

    Richard Vedder writes for the Martin Center about contrasting approaches to the future of higher education. There has been mounting evidence that the financial payoff from the traditional bachelor’s degree is declining, particularly for men. For example, Census Bureau data suggest that, from 2005 to 2016, the average…
    Mitch Kokai, January 17, 2018
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on N.C. lawmakers’ frustrations about the state Department of Health and Human Services’ failure to launch a mandated watchdog group. John Hood’s Daily Journal explains why the economic benefits of offshore oil and gas drilling outweigh the costs for North Carolina.
    Mitch Kokai, January 17, 2018
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    Better people, better contracts

    To some people, Bureaucratic Competence and Procurement Outcomes may sound like the first draft of a Dilbert punchline, but it’s actually a new working paper that considers how competence varies within government, even when quality is generally high with little variation. The authors find, if all federal bureaus…
    Joseph Coletti, January 16, 2018
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    North Carolina cities are among best performing

    The Milken Institute, an economic think tank out of California, has published their 2017 Best Performing Cities report, and Raleigh comes in #2 in the nation.  Other North Carolina cities also make the list, with Charlotte at #12, Wilmington at #35, and Asheville at #65. The report is limited…
    Julie Tisdale, January 16, 2018
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    An addition to the federal government that might make sense

    Veronique de Rugy explains at National Review Online why she supports one addition to the federal government bureaucracy. Under the leadership of Chairman Pai, the FCC just released a proposed Order to create an Office of Economics and Analytics. The office would provide an important and systematic feedback…
    Mitch Kokai, January 16, 2018
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    Changes to zoning in Wilmington

    Wilmington’s Planning Commission is scheduled to vote on changes to the city’s zoning ordinances on January 29th.  The proposed changes should be welcomed. They also reveal one of the major problems with zoning. The planning commission will be voting on 11 individual changes, and they’re mostly minor amendments to details…
    Julie Tisdale, January 15, 2018
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    People are coming to North Carolina

    Interesting map out this week from the Tax Foundation looking at inbound migration.  North Carolina ranked 8th in the US, with more than 56% of all moves across NC state lines involving folks coming in, and only 44% people leaving.  Lots of reasons, but relatively low tax rates are…
    Julie Tisdale, January 12, 2018
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    Martin Center column probes dearth of apprenticeships

    Anthony Hennen uses a Martin Center column to explore the current state of apprenticeships. Within the fractious realm of higher education policy, one of the few ideas to gain bipartisan support is the expansion of technical training for young workers, largely through apprenticeships. Both the political left and right…
    Mitch Kokai, January 12, 2018