Jobs and economy

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    WRAL: NC won’t be the highest bidder for Amazon HQ2, per Gov. Cooper

    There's an honest case the governor, Commerce officials, and civic boosters could make to Amazon that would represent our best case without setting us up for fierce buyer's remorse:
    Jon Sanders, January 18, 2018
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    More college, or more options outside college?

    Richard Vedder writes for the Martin Center about contrasting approaches to the future of higher education. There has been mounting evidence that the financial payoff from the traditional bachelor’s degree is declining, particularly for men. For example, Census Bureau data suggest that, from 2005 to 2016, the average…
    Mitch Kokai, January 17, 2018
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on N.C. lawmakers’ frustrations about the state Department of Health and Human Services’ failure to launch a mandated watchdog group. John Hood’s Daily Journal explains why the economic benefits of offshore oil and gas drilling outweigh the costs for North Carolina.
    Mitch Kokai, January 17, 2018
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    North Carolina cities are among best performing

    The Milken Institute, an economic think tank out of California, has published their 2017 Best Performing Cities report, and Raleigh comes in #2 in the nation.  Other North Carolina cities also make the list, with Charlotte at #12, Wilmington at #35, and Asheville at #65. The report is limited…
    Julie Tisdale, January 16, 2018
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    Oklahoma is serious about reforming its occupational licensing structure

    The longtime ice jam of state occupational licensing continues to thaw and break. Oklahoma leaders are deep in discussions over reforms there.
    Jon Sanders, January 15, 2018
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    Changes to zoning in Wilmington

    Wilmington’s Planning Commission is scheduled to vote on changes to the city’s zoning ordinances on January 29th.  The proposed changes should be welcomed. They also reveal one of the major problems with zoning. The planning commission will be voting on 11 individual changes, and they’re mostly minor amendments to details…
    Julie Tisdale, January 15, 2018
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    Dinner table teachers produce successful entrepreneurs

    Researchers Hans K. Hvide and Paul Oyer published a fantastic National Bureau of Economic Research study, Dinner Table Human Capital and Entrepreneurship. Hvide and Oyer examine a sample of Norwegian entrepreneurs to compare “dinner table human capital (parental labor market experience) and aptitude (IQ) to entrepreneurial entry, sector choice,…
    Terry Stoops, January 15, 2018
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    People are coming to North Carolina

    Interesting map out this week from the Tax Foundation looking at inbound migration.  North Carolina ranked 8th in the US, with more than 56% of all moves across NC state lines involving folks coming in, and only 44% people leaving.  Lots of reasons, but relatively low tax rates are…
    Julie Tisdale, January 12, 2018