Jobs and economy (page 379)

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    Cato’s Tanner targets income inequality myths

    The Cato Institute’s Michael Tanner uses his latest National Review Online column to correct the misstated record of income inequality in the United States. [F]or all the sound and fury — and beating drums in Zuccotti Park — almost everything that people presume about…
    Mitch Kokai, January 10, 2012
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    A not-so-rosy picture of China

    Envy the Chinese for their economic growth? Perhaps this TIME column from Rana Foroohar will dampen your enthusiasm a bit. While China has lifted hundreds of millions of its citizens out of poverty over the past generation, the issue of housing is particularly touchy…
    Mitch Kokai, January 10, 2012
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    Economic freedom leads to many more benefits

    Economic freedom might help some people get rich, but what benefit does it create for society as a whole? Jenna Ashley Robinson of the Pope Center for Higher Education Policy offered answers to that question during a presentation today to the John Locke Foundation’s Shaftesbury Society. In the video clip…
    Mitch Kokai, January 9, 2012
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    Kudlow urges GOP to adopt new pro-growth message

    Lawrence Kudlow‘s latest column urges Republicans to back off their efforts to downplay the economic recovery. Yes, Kudlow says, seasonal quirks and a lower-than-expected labor participation rate inflate job numbers in President Obama’s favor. But that’s not the point. In the 12 months through…
    Mitch Kokai, January 9, 2012
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    Researchers: Good teachers matter a lot

    Ok, the title of my blog post does a disservice to the sophisticated study of teacher quality produced by researchers from Harvard and Columbia universities. A December 2011 National Bureau of Economic Research (NBER) study by Raj Chetty, John N. Friedman, and Jonah E. Rockoff, “The Long-Term Impacts of Teachers:…
    Terry Stoops, January 9, 2012
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    In case you thought we had learned the lesson

    Readers of Thomas Sowell’s Housing Boom and Bust are likely to cringe when they read the opening of this Bloomberg Businessweek article: Lawmakers began 2011 with sweeping ambitions to shrink the U.S. government’s involvement in mortgage finance. They ended the year enacting…
    Mitch Kokai, January 9, 2012
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    Please teach this man Say’s Law

    There’s good news and bad news in David J. Lynch’s Bloomberg Businessweek article about the role of new machines in displacing workers from jobs in the American economy. The good news? Lynch dispels the Luddite notion that we should blame machines for the nation’s current unemployment woes. The…
    Mitch Kokai, January 9, 2012
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    Want to topple the 1 percent? Keep up the policies that sink the economy

    It’s too bad that The Atlantic has not yet posted Megan McArdle‘s article about the recent 10-year reunion of her University of Chicago business school class. It’s an entertaining read, and it offers an important point about the “1 percent.” [T]he entry point (as of 2009)…
    Mitch Kokai, January 6, 2012