Economy (page 9)

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    The costs of anti-franchise rules

    Bill McMorris of the Washington Free Beacon explores the impact of government rules that target franchise businesses. An industry study found that the Obama administration’s crackdown on franchising has cut hundreds of thousands of job openings and dealt a $33.3 billion blow to the economy each year dating…
    Mitch Kokai, January 30, 2019
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    Economic growth and…

    “Economic growth, while necessary, is insufficient to address many of the challenges of our 21st-century economy,” Abby McCloskey writes in National Affairs. She offers some policy suggestions to improve connections in community, make work pay, and reform entitlements to improve government finances. I don’t endorse all of them, but…
    Joseph Coletti, January 29, 2019
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    “The Fleecing of Millennials”

    That’s the title of  a piece by columnist David Leonhardt that appeared in yesterday’s New York Times. The piece includes two charts that paint a gloomy picture, not just for millennials, but for everyone under the age of about 50:  …
    Jon Guze, January 28, 2019
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    Is marriage about values or value?

    In his influential book, Coming Apart, Charles Murray made a compelling case for the cultural differences between affluent (white) Americans and working class (white) Americans. Among the differences were marriage and divorce rates. Wealthier whites marry and divorce at the same rates as in the past. Poorer whites marry…
    Joseph Coletti, January 28, 2019
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    Economic freedom on the rebound

    Anthony Kim explains at the Daily Signal that American economic freedom has improved dramatically over the past year. The U.S. economy is roaring like no other time in recent memory. The job market is hot, unemployment is down to record lows, and small business optimism is soaring.
    Mitch Kokai, January 28, 2019
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    This weekend on Carolina Journal Radio

    North Carolina could take a modest step toward reforming its capital gains tax. Roy Cordato recommends capping that tax at its current rate. He explains why during the next edition of Carolina Journal Radio. As National School Choice Week concludes, Terry Stoops recaps North Carolina’s recent achievements…
    Mitch Kokai, January 25, 2019
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    “The $15 Minimum Wage Is Here. Why We Need $33 an Hour.”

    No, it’s not the Onion; it’s the New York Times. Columnist Ginia Bellafante explains: On Jan. 1, the new minimum wage, set at $15 an hour, went into effect in New York City, and most companies employing more than 10 people have to pay it. … But…
    Jon Guze, January 19, 2019
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    The cost of raising the government-mandated minimum wage

    Bill McMorris of the Washington Free Beacon highlights the latest estimates of costs associated with raising the minimum wage. Academics, workers, and small business owners say the Democratic push to raise the minimum wage to $15 an hour could cut 2 million jobs and hurt the workers lawmakers…
    Mitch Kokai, January 18, 2019