Regulation (page 5)

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    The ABC System and deadweight loss

    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.
    Jon Sanders, January 23, 2019
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    When controlling alcohol isn’t controlling alcohol

    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.
    Jon Sanders, January 21, 2019
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    DOJ: Very few guns used in crimes were purchased by perps at retail sources

    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.
    Jon Sanders, January 18, 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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    Ohio adopts occupational licensing reforms long pushed by JLF

    My latest research brief has the details on Ohio becoming the latest state to join the De-Licensing Revolution, which North Carolina has yet to do.
    Jon Sanders, January 16, 2019
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    New Carolina Journal Online features

    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.
    Mitch Kokai, January 14, 2019
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    New Carolina Journal Online features

    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.
    Mitch Kokai, January 10, 2019
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    At Last — Some Good News About Copyrights

    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,…
    Jon Guze, January 8, 2019