Jobs and economy (page 4)

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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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    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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    “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
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    Wait, does the ABC Commission think it’s stimulating the state’s economy?

    This isn't even the usual case of asserting a "stimulus" effect based on a questionable "economic impact" study. There's no study, just a flat assertion.
    Jon Sanders, January 11, 2019
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    About Those Tariffs

    Now that trade wars are back in fashion, a recent working paper published by the National Bureau of Economic Research seems particularly timely. The paper is “Macroeconomic Consequences of Tariffs” by Davide Furceri, Swarnali A. Hannan, Jonathan D. Ostry, and Andrew K. Rose. If the authors’ conclusion (which I’ve highlighted in…
    Jon Guze, January 7, 2019
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    A reminder of the nation’s excellent employment numbers

    Editors at Investor’s Business Daily remind us that a key indicator of economic activity continues to look good. There’s a word to describe December’s jobs report: Wow! With 312,000 new jobs in December, employment growth was much stronger than anyone anticipated. That’s especially true given recent squishy economic…
    Mitch Kokai, January 7, 2019
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    JLF’s Mitch Kokai featured in Charlotte Observer on incentives

    From Charlotte Observer:  The last several weeks of 2018 featured a wave of companies announcing plans to move their corporate headquarters to Charlotte or grow their headcount here, moves made easier by millions of dollars in incentives from local and state governments. The John Locke Foundation continually writes in…
    Anna Manning, January 4, 2019