In 2017, the ABC Commission reported a systemwide profit margin of 11.2 percent. In a competitive market, the profit margin for stores is 2.4 percent. Only 19 of the 428 government-controlled liquor stores fell below that.
Controlling liquor while allowing private sales in beer and wine appears to be shifting consumption to beer and wine relative to liquor. But remember, standard servings of the different kinds of alcohol deliver about the same kind of alcohol content.
Only 10 percent of guns used in crimes were purchased at retail sources by the perpetrator. That breaks down into 7.5 percent from gun shops, 1.6 percent from pawn shops, 0.4 percent from flea markets, and 0.8 percent from gun shows.
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…
Dan Way reports for Carolina Journal Online that Republican Mark Harris believes he will be seated as North Carolina’s 9th District congressman. John Hood’s Daily Journal explains why North Carolina should build on regulatory reforms that are working.
Lindsay Marchello reports for Carolina Journal Online on the Wake County school system missing its enrollment projections. Dan Way reports on State Auditor Beth Wood pointing out ;pcal governments’ fiscal mismanagement. John Trump’s Daily Journal delves into the politics of North Carolina’s alcohol control system.
No, Etta James’ 1960 classic recording hasn’t entered the public domain, and the original score by Mack Gordon and Harry Warren hasn’t entered it either. Nevertheless, quite a few works will enter the public domain in 2019, and, as Duke’s Center for the Study of Public Domain reports,…