Economy (page 106)

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    What’s the Difference Between Economic Growth & Economic Development?

    Interesting piece by JLF’s Roy Cordato, who explains the difference between economic growth and economic development. He also discusses the challenge facing those who seek to promote a free economy, not subsidies and incentives. Those who are interested in economic growth generally focus on expanding GDP, national or state,…
    Donna Martinez, December 18, 2017
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    Chinese not thrilled about American tax reform

    One sign that federal tax reform is likely to benefit the American economy: Chinese leaders are preparing to fight back. Randall Forsyth explains in Barron’s. Thank goodness for tax reform. Of course, there is wide disagreement among the legislation’s Republican fans, who believe tax cuts will spur the…
    Mitch Kokai, December 18, 2017
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    Automation and changing jobs

    Economics professor Barry Eichengreen of Berkeley rebuts some myths about the impact of automation in a column for Barron’s. Robots, machine learning, and artificial intelligence promise to fundamentally change the nature of work. Everyone knows this. Or at least they think they do. … … Reports like these…
    Mitch Kokai, December 18, 2017
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    The tension between markets and morality

    Roger Scruton finds conservative thought on a “teeter totter” between those like Margaret Thatcher who, as he writes in his 2014 book, How to Be a Conservative, “when pressed for arguments…leaned too readily on market economics and ignored the deeper roots of conservatism in the theory and practice…
    Joseph Coletti, December 15, 2017
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    Bank of America CEO is Right About Need To Improve Economic Mobility

    Our Joe Coletti writes there are better ways to address economic mobility than those currently being considered in Charlotte. The Charlotte-Mecklenburg Opportunity Task Force diagnosed some of the right problems—the impact of segregation, the need for social capital, the importance of family stability, early childhood, education, and work—but…
    Donna Martinez, December 15, 2017
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    Bryson highlights North Carolina’s growth

    Donald Bryson, state director of Americans for Prosperity, provided National Review readers a counterpoint to the recent Washington Post story that didn’t include anything from the reporter’s interview with Roy Cordato. Instead of an anecdote and some “did you notice anything?” questions, Bryson offers facts and statistics. He…
    Joseph Coletti, December 14, 2017
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    They Want to Work But Have a Conviction Record

    Jon Sanders writes about a fascinating subject here: state licensing requirements that hurt people who are trying to re-enter society following a criminal conviction by finding a job and becoming self-sufficient. Conviction records make it harder to find work in general because most employers require background checks. Most people…
    Donna Martinez, December 13, 2017
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    National Taxpayers Union chief touts 20 percent corporate rate

    Ali Meyer of the Washington Free Beacon reports recent remarks from the president of the National Taxpayers Union. Pete Sepp, president of the National Taxpayers Union, is arguing for a 20 percent corporate tax rate, saying that going any higher, even by one or two percent, will make…
    Mitch Kokai, December 13, 2017