Jobs and economy (page 7)

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    Malpass at the World Bank

    The BBC reports on David Malpass‘ new high-profile post. Donald Trump’s pick for World Bank president, David Malpass, has officially been approved for the role. Mr Malpass, a Trump loyalist, was a senior economic adviser to the US president during his 2016 election campaign. His appointment has stirred…
    Mitch Kokai, April 8, 2019
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    Oh dear, the NC Education Lottery thinks it’s stimulating the economy, too

    Not long ago I shook my head at a boast in a report by a government monopoly claiming that it is "Stimulating the State Economy." Turns out, it wasn't the only one.
    Jon Sanders, March 28, 2019
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    “The Perils of Zero-Sum Worldviews on the Left and Right”

    That’s the title of a thoughtful post by Ilya Somin on the Volokh Conspiracy blog. It’s well worth reading in its entirety, but here are a few excerpts: Some may find it surprising that the perpetrator of the recent horrific New Zealand terrorist attack that killed fifty…
    Jon Guze, March 20, 2019
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    Yet another news item on the minimum wage that ignores mainstream economics

    The negative impacts of the minimum wage is one of the items about which economists are in greatest agreement.
    Jon Sanders, March 19, 2019
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    No surprises in latest research on the minimum wage

    Recent research and results continue to affirm outcomes expected by economists (but not media or progressives) from hiking the minimum wage.
    Jon Sanders, March 18, 2019
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    Higher minimum wage, more crime

    A new working paper’s conclusions make sense if you believe the data that a higher minimum wage makes it harder to find low-skill jobs. The impact is significant Our results provide no evidence that minimum wage increases reduce crime. Instead, we find that raising the minimum wage increases…
    Joseph Coletti, March 18, 2019
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    “Do Lower Minimum Wages for Young Workers Raise Their Employment? “

    A study recently published in MIT’s Review of Economics and Statistics suggests the answer is, “Yes.” From the abstract: We estimate the impact of youth minimum wages on youth employment by exploiting a large discontinuity in Danish minimum wage rules at age 18, using monthly payroll records…
    Jon Guze, March 14, 2019
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    Beware of local licensing

    Andrew Meehan and Jared Meyer warn Washington Examiner readers about the latest front in the war against overly burdensome occupational licensing. If 2018 was the year of occupational licensing reform, 2019 just might be the year of local licensing preemption. That’s good news, given the success states like…
    Mitch Kokai, February 27, 2019