Economy (page 10)

  • Post

    Business-casual central banking

    Jim Grant writes at Barron’s about an increasingly casual approach to monetary policy. In finance today, comfort trumps propriety. As necks are tieless, so are earnings “adjusted.” As shirts are untucked, so are balance sheets encumbered. In the 21st century way of doing business, freedom of action is…
    Mitch Kokai, April 1, 2019
  • Post

    Tax reform and lower-paid workers

    Bethany Blankley reports for the Washington Free Beacon about the impact of federal tax reform on the lowest-paid workers. For the first time since the Great Recession, lower-end earners are receiving greater benefits than higher-end workers when it comes to take-home pay, according to a leading banking firm.
    Mitch Kokai, March 29, 2019
  • Post

    This weekend on Carolina Journal Radio

    After months of rumors about his job status, East Carolina University Chancellor Cecil Staton has announced his resignation. Rick Henderson analyzes the circumstances surrounding Staton’s departure for the next edition of Carolina Journal Radio. Mike Schietzelt explains why North Carolina’s haphazard collection of criminal laws creates a…
    Mitch Kokai, March 29, 2019
  • Post

    Rich millennials and socialism

    Noah Diekemper offers a counterintuitive argument at the Federalist website: Millennials like socialism because they’re rich. Our world’s runaway prosperity and casual miracles do not nurture a respect for private ownership and free enterprise, they fuel a bonfire of awkwardness. Some 97 percent of millennials own smartphones—those internet-browsing…
    Mitch Kokai, March 27, 2019
  • Post

    The economy and bad news for Democrats in 2020

    Charlie Kirk explains at FoxNews.com why recent economic news bodes ill for President Trump’s foes. [I]n President Donald Trump’s economy, I am pleased to report that Keynes’ animal spirits are moving rapidly throughout the economy and no séance is required to draw them out. Of all places, a…
    Mitch Kokai, March 26, 2019
  • Post

    Fund defends Trump’s Fed nominee

    John Fund of National Review Online ponders the criticism of President Trump’s nominee to join the Federal Reserve Board. The Washington policy guild often operates like a medieval guild in its effort to screen out “ignorant” heretics who hold disruptive ideas. Just look at their hysterical overreaction to…
    Mitch Kokai, March 26, 2019
  • Post

    North Carolina isn’t the only state to rely on JLF research, other states use it too

    JLF’s Roy Cordato’s research featured in a Truth In Accounting article on teacher pensions in Illinois: The TRS states that it uses net, not gross payments, subtracting taxes from gross payments to active and retired teachers “to be more conservative.” But there is a bigger reason to be more conservative,…
    Anna Manning, March 21, 2019
  • Post

    “The Perils of Zero-Sum Worldviews on the Left and Right”

    That’s the title of a thoughtful post by Ilya Somin on the Volokh Conspiracy blog. It’s well worth reading in its entirety, but here are a few excerpts: Some may find it surprising that the perpetrator of the recent horrific New Zealand terrorist attack that killed fifty…
    Jon Guze, March 20, 2019