Economy (page 4)

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    Martin Center column focuses on apprenticeships

    Kristiana Bolzman writes for the Martin Center about recent developments related to apprenticeships. A quick scan of the news confirms that college students spend more on higher education than ever before, but they lack the necessary skills to succeed in the workplace. Apprenticeship programs could offer a promising college…
    Mitch Kokai, August 7, 2019
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    A problem with Modern Monetary Theory

    Jim Grant of Barron’s tackles the latest fad popular among those who think governments can spend as much as they want with impunity. Modern monetary theory is not so theoretical anymore. In all but name, it’s the description of Republican fiscal policy in this living moment. “Federal Borrowing…
    Mitch Kokai, August 5, 2019
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    A proposal that could lessen emphasis on the Fed

    Matthew Klein of Barron’s asks a simple question about future action from the Federal Reserve. Every six or seven weeks, the members of the Federal Reserve’s Open Market Committee gather to discuss the economic outlook and financial conditions, after which they vote on the appropriate setting of monetary…
    Mitch Kokai, July 29, 2019
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    CJ Reports: Study says N.C. film subsidies are a bust for taxpayers

    According to a recent article by Carolina Journal’s Leonard Robinson III, North Carolina’s film incentives have cost taxpayers in the state $400 million, yet they have not brought in anywhere close to that amount in returns. Robinson’s piece centers around a new study from Western Carolina University Center for…
    Brenee Goforth, July 29, 2019
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    Is Government Money “Manna from Heaven?”

    On Wednesday, Dr. Roy Cordato, former senior economist at the John Locke Foundation, wrote a research brief questioning the reliability of many economic impact studies. Dr. Cordato writes: Economic impact studies are common. They usually are invoked by government or special interest groups to demonstrate how a particular spending or…
    Brenee Goforth, July 26, 2019
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    Warren’s financial hyperbole

    David Rutz of the Washington Free Beacon reports experts’ reactions to recent campaign claims from Democratic presidential candidate Elizabeth Warren. Economic experts are casting doubt on Sen. Elizabeth Warren’s (D., Mass.) dire warning that a crash on the level of the 2008 financial crisis is on the horizon.
    Mitch Kokai, July 25, 2019
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    Trump and the economy

    Victor Davis Hanson of National Review Online ponders the economy’s impact on President Trump’s re-election chances. The point is not so much “It’s the economy, stupid,” but rather that the economy is the font of all contemporary politics, and it adjudicates the parameters of presidential prerogatives. In the…
    Mitch Kokai, July 24, 2019
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    Your price for paid family leave

    Betsy McCaughey explains in the New York Post your role in paying for government-provided family leave. Democrats see your paycheck as fair game for their endless social-improvement projects. Every Democrat vying for the White House backs federal legislation that would guarantee workers nearly three months of paid family…
    Mitch Kokai, July 22, 2019