Economy (page 7)

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    “Global prosperity hits highest ever level.”

    That’s one of the many positive findings in the Legatum Institute’s Prosperity Index for 2019. From the Executive Summary: The Legatum Institute’s revised and improved 2019 Prosperity Index quantifies prosperity in 167 countries across the globe, which together contain 99.4% of the world’s population. ……
    Jon Guze, November 26, 2019
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    “Why Everything They Say About Climate Change Is Wrong”

    That’s the title of a piece by Michael Shellenberger that appeared in Forbes today. Shellenberger begins by making it clear that he is not a climate change denier. On the contrary, he says: Climate change is an issue I care passionately about and have dedicated a significant…
    Jon Guze, November 25, 2019
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    An argument for the Right to fight income inequality

    Willis Krumholz writes for the Federalist that those whose politics lean right of center should pay more attention to income inequality. Widening inequality and slowing social mobility really is a problem in America, and government policies championed by the elite have exacerbated this inequality. Because the solutions fit…
    Mitch Kokai, November 21, 2019
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    Impossible Whopper Wednesday

    As I hinted this morning, a few of us at the John Locke Foundation and Carolina Journal did participatory research and journalism this afternoon. We intended to compare Impossible Whoppers and regular Whoppers from Burger King. Instead we learned that orders on Uber Eats are sometimes canceled without notice after…
    Joseph Coletti, November 20, 2019
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    Capitalism’s role in ending ‘crappy’ jobs

    Tim Worstall writes for the Washington Examiner about one of capitalism’s unsung virtues. We’re told, with a sense of horror, that sanitation workers in developing countries have pretty crappy jobs in terms of conditions and pay. The only surprise there, for the informed among us, is the horror…
    Mitch Kokai, November 20, 2019
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    Forbes bucks conventional wisdom on Libra, e-cigarettes

    Steve Forbes‘ latest contributions to Forbes magazine take on two recent controversies. First, he discusses Facebook’s focus on an alternative currency. [R]egulatory pressures have forced a number of companies that were partnering with Facebook on this project to drop out. And this gets to the real reason the…
    Mitch Kokai, November 20, 2019
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    The Year of Two Thanksgivings

    This week, JLF’s Jon Sanders published a research brief on the unintended consequences of changing the date of Thanksgiving in 1939. Sanders writes: As strange as this sounds to 21st-century ears, back then the Christmas shopping season didn’t start till after Thanksgiving…Since the calendar date of Thanksgiving changed while that of Christmas…
    Brenee Goforth, November 18, 2019
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    Ending funding for China’s bad actors

    The latest edition of Hillsdale College’s Imprimis features Duke grad Roger Robinson of the Prague Security Studies Institute. He focuses on U.S. financing of bad actors in communist China. China has over 700 companies in our stock and bond markets or capital markets. It has about 86 companies…
    Mitch Kokai, November 15, 2019