Jobs and economy (page 9)

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    Protecting future generations by refusing to restrain growth

    A common refrain from environmental activists focuses on the need to preserve the planet for future generations. But what about the impact for future generations of policies that restrain economic growth? James Pethokoukis addresses that question in a Commentary column. … George Mason economist Tyler Cowen poses a…
    Mitch Kokai, February 1, 2019
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    Allison urges capitalism’s supporters to make a moral case

    John Allison writes at National Review Online about the importance of making a moral case for capitalism. Progressives want to accelerate the country’s century-long shift toward socialism with a long list of policies: Medicare-for-all, “free” college, government-run energy production and prescription-drug manufacturing, federal job and housing guarantees, dramatically…
    Mitch Kokai, February 1, 2019
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    Tax cuts, innovation, and economic growth

    Paul Romer won the Nobel prize in economics for showing how innovation creates economic growth. A new working paper from Raj Chetty and his colleagues presents a model of how much innovation results from tax cuts. Their model suggests tax changes “have no impact on the decisions of star inventors,…
    Joseph Coletti, January 31, 2019
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    The costs of anti-franchise rules

    Bill McMorris of the Washington Free Beacon explores the impact of government rules that target franchise businesses. An industry study found that the Obama administration’s crackdown on franchising has cut hundreds of thousands of job openings and dealt a $33.3 billion blow to the economy each year dating…
    Mitch Kokai, January 30, 2019
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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