Economy (page 91)

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    Panning the Fed’s inflation target

    Vito Racanelli of Barron’s takes aim at the Federal Reserve’s target of 2 percent inflation. The idea of an inflation target was established in January 2012, in the aftermath of the 2008-09 financial and economic crisis. The Fed said then that an explicit goal would help promote the…
    Mitch Kokai, September 11, 2017
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    This weekend on Carolina Journal Radio

    State government regulations are blocking a Charlotte-based makeup artist from opening a new school. Rick Henderson details her efforts to fight the overly burdensome regulations during the next edition of Carolina Journal Radio. Roy Cordato explains why President Trump is wrong to blame online shopping giant…
    Mitch Kokai, September 8, 2017
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on experts’ concerns about overly burdensome occupational licensing rules. The Daily Journal analyzes the N.C. Supreme Court’s response to a political tug of war between Democratic Gov. Roy Cooper and the Republican-led General Assembly.
    Mitch Kokai, September 7, 2017
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    Here’s Why Business Leaders Pay Such Close Attention To Gubernatorial Elections

    What can we learn from research by a Tulane University professor who looked at decades of gubernatorial elections and economic data? John Hood explains. She found that, on average, business investment in the months before election days is about five percent lower in states with gubernatorial elections than in…
    Donna Martinez, September 6, 2017
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on a recent panel discussion focusing on the fight over free speech. John Hood’s Daily Journal explains how an election for governor can influence a state’s economic prospects.
    Mitch Kokai, September 6, 2017
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    When a diagram is worth 1,000 words

    Mark Perry uses the Venn diagram to great advantage in a post for the Foundation for Economic Education. Thanks to John Venn, I now have a part-time job as a Venn diagram graphic artist/specialist – they are a very effective way to illustrate graphically the intellectual inconsistencies that…
    Mitch Kokai, September 5, 2017
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    Barron’s ‘economic beat’ writer places Trump’s economic numbers in perspective

    Gene Epstein‘s latest Barron’s column exposes the dangers of making overly optimistic assumptions based on economic data compiled during President Trump’s opening months in office. The record reveals the hazards of extrapolating from 3% in a single quarter. Under the Obama administration, there were eight quarters of 3%…
    Mitch Kokai, September 5, 2017
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    This weekend on Carolina Journal Radio

    If a politically active corporate CEO hurts his company’s bottom line, shareholders might have to turn to the courts to make up for their losses. It’s an idea Jon Pritchett espouses in a recent Wall Street Journal column. Pritchett explains his proposal in the next edition of…
    Mitch Kokai, September 1, 2017