Jobs and economy

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    Seattle’s “moral” wage hurts poor workers, just as economics-based economics warned

    Bad consequences from Seattle's minimum wage increase are entirely consistent with mainstream economics, and completely opposite from the unschooled promises of politicians, media, and demagogues.
    Jon Sanders, June 26, 2017
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    Seattle minimum wage boost reduced hours and jobs among low-skilled workers

    Researchers from the University of Washington have released another study on the impact of minimum wage increases in Seattle.  In an NBER study released today, Ekaterina Jardim and her colleagues write, Our preferred estimates suggest that the Seattle Minimum Wage Ordinance caused hours worked by low-skilled workers (i.e., those earning…
    Terry Stoops, June 26, 2017
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    Do as I say, not as I do: Minimum wage edition

    Ali Meyer of the Washington Free Beacon highlights interesting information about congressional supporters of a $15 minimum wage. The majority of lawmakers sponsoring legislation to raise the minimum wage to $15 an hour do not pay their interns, according to a report from the Employment Policies Institute. The…
    Mitch Kokai, June 23, 2017
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    About our need for alternatives to licensing, how do other states treat music therapy?

    The vast majority of states don't think music therapy requires occupational licensing. There are several alternatives to licensing that address concerns with an industry without keeping people from their constitutional right to earn a living.
    Jon Sanders, June 21, 2017
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    The political left hijacks the sports industry

    Most sports fans enjoy the competition and entertainment. In recent years, they have been forced to endure left-of-center political messaging as well. John Locke Foundation Senior Vice President Jon Pritchett and Duke University professor Ed Tiryakian discussed the impact of the left’s “hijacking” of the sports industry during a presentation…
    Mitch Kokai, June 20, 2017
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    Misreading the Amazon/Whole Foods deal

    Editors at Investor’s Business Daily offer an alternative view to critics of Amazon‘s buyout of Whole Foods. Consumer groups are challenging Amazon’s buying Whole Foods on antitrust grounds. They have it wrong. This isn’t a case of a monopolist gobbling up a competitor, but an innovator trying…
    Mitch Kokai, June 19, 2017
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    Are Apprenticeships All They’re Cracked Up To Be?

    From Terry Stoops: Recently, both the North Carolina General Assembly and the Trump administration have earned praise by announcing plans to expand and strengthen apprenticeship and workforce development programs.  Nevertheless, apprenticeships are far from a foolproof way to address deficiencies in the workforce.  Before the state and federal…
    Donna Martinez, June 14, 2017
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    Brookings: technological revolution in energy saves households $700/yr.

    Free markets and the restless genius of the entrepreneurial spirit are providing long-sought results that are cutting energy costs, energy emissions, and energy dependence on cartels.
    Jon Sanders, June 14, 2017