Economy (page 9)

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    Unemployed and overly optimistic

    People who are unemployed start their job search with needed optimism, like new entrepreneurs. Their optimism is generally too high for their situation, particularly when they have been unemployed for a long time, but their lack of success finding a job does little to temper their optimism.  New research…
    Joseph Coletti, November 27, 2018
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    Cyber Monday and the Internet sales tax

    Have you been busy taking advantage of the CyberMonday deals available online today through Wayfair, Overstock, or other online retailers not based in North Carolina? The North Carolina Department of Revenue (NCDOR) tried to make shopping more cumbersome for you and those companies. Instead of waiting for direction…
    Joseph Coletti, November 26, 2018
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    This weekend on Carolina Journal Radio

    Does President Trump deserve credit for the booming American economy? How about former President Barack Obama? Roy Cordato analyzes the competing claims for credit during the next edition of Carolina Journal Radio. Jordan Roberts explains Association Health Plans and their possible role in health care reform. Dr.
    Mitch Kokai, November 23, 2018
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    Will Georgia rethink its film industry subsidies?

    Georgia has leaped in front of North Carolina in recent years in its willingness to pay off filmmakers who are looking for taxpayer-funded handouts. Jason Hopkins of the Daily Caller offers a report that might prompt some Georgia policymakers to think twice about film subsidies. Several Hollywood actors…
    Mitch Kokai, November 20, 2018
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on the special N.C. legislative session scheduled for Nov. 27. Roy Cordato’s Daily Journal explains why we don’t run out of turkeys around Thanksgiving time.
    Mitch Kokai, November 20, 2018
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    When North Carolina made its own money

    University of Delaware Professor Farley Grubb has developed an impressive body of work examining colonial-era money. He and his former student Cory Cutsail have a new working paper in which they reconstruct North Carolina’s history from 1712 to 1774 issuing its own money, and what exactly that money was.
    Joseph Coletti, November 19, 2018
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    Tulsa Offers $10,000 Grant To Entice Young Workers

    It’s an interesting way of recruiting young entrepreneurial talent to the city of Tulsa: offer a $10,000 grant in exchange for a one-year commitment. The funds are from a private foundation. Each $10,000 grant will be distributed over the course of a year to eligible remote workers or entrepreneurs…
    Donna Martinez, November 19, 2018
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    Pouring cold water on the socialist myth

    Charles Calomiris explains in an Economics21 column that socialism is “the opiate of the corrupt and ignorant.” The overarching message of “The Opportunity Cost of Socialism”—a study recently released by the President’s Council of Economic Advisers (CEA)—is that the advocacy of socialism cannot reasonably be based on policy…
    Mitch Kokai, November 19, 2018