Economy (page 5)

  • Post

    Barron’s columnist pushes back against Ph.D.-nomics

    Jim Grant of Barron’s explains why he’s no fan of monetary policy set by a room full of Ph.D.’s. Ben Bernanke, a Ph.D. in economics from the Massachusetts Institute of Technology, put in a word for the soothsaying guild in 2010: “I would say that the recent financial…
    Mitch Kokai, July 22, 2019
  • Post

    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online on the role of politics in N.C. permits for the Atlantic Coast Pipeline. John Hood’s Daily Journal explains how official statistics understate economic growth.
    Mitch Kokai, July 22, 2019
  • Post

    CJ Commentary: Medicaid expansion and job creation: Bad economics, good special interest politics

    “As a general rule, the public and politicians should never view economic impact studies as anything more than an attempt by special interests to manipulate public opinion for their own benefit.” Dr. Roy Cordato wrote this statement back in December 2018. Time after time, impact studies come out proving…
    Brenee Goforth, July 15, 2019
  • Post

    Why Warren is wrong on Amazon

    Jack Hough of Barron’s questions Democratic presidential candidate Elizabeth Warren’s recent attacks on the huge online retailer. Amazon’s private-label sales make up a much smaller portion of its revenue than those of other retailers. Over the years, I’ve made out well with the company’s slippers, kitchen scale, tripod,…
    Mitch Kokai, July 15, 2019
  • Post

    Job losses linked to the ‘Fight for 15’

    Tiana Lowe writes for the Washington Examiner about the potential negative impact of a push for a government-mandated $15 minimum wage. In light of a $15 federal minimum wage creeping onto the growing laundry list of nearly every 2020 Democrats’ greatest political fantasies, the nonpartisan Congressional Budget Office…
    Mitch Kokai, July 10, 2019
  • Post

    Government dependency plunging under Trump

    Editors at Issues and Insights wonder why more people haven’t noticed a drop in dependency on the federal government in recent years. Friday’s jobs report showed that the economy created 224,000 new jobs, yet the unemployment rate edged up to 3.7%. Both are welcome news. The unemployment rate…
    Mitch Kokai, July 9, 2019
  • Post

    Pre-recession spending and today’s budget

    We hear a lot about the need to return spending to pre-recession levels. And spending grew a lot just before the recession. The budget grew 8.9% in fiscal year 2006-07 and another 9.0% in fiscal year 2007-08. What doesn’t get mentioned is that the Democratic General Assembly and Democratic Gov.
    Joseph Coletti, July 8, 2019
  • Post

    A message for Swedophiles

    Daniel Schatz writes for Commentary magazine about myths and facts connected to the Swedish economy. Sweden’s period of classical economic liberalism did not last. The decades that followed were characterized by the growth of the generous cradle-to-grave welfare state envied by Ocasio-Cortez, Senator Bernie Sanders, and their fellow…
    Mitch Kokai, July 8, 2019