poor (page 8)

  • Post

    Graphing energy’s budget bite on NC’s poor

    As discussed here frequently, most recently in my Spotlight report on “Natural Gas: Low-cost energy source that curbs emissions and land impacts“: Electricity is not a luxury item, however. It is a basic human need. Electricity provision in North Carolina is from a monopoly provider. There is no choice…
    Jon Sanders, June 21, 2016
  • Post

    Economist: ‘Capitalism is good for the poor’

    The greatest beneficiaries of capitalism are those at the bottom of the income ladder. That’s why I favor capitalism. Were that not the case, I would not be in favor of capitalism. Milton Friedman feels the same way. — Nobel laureate economist Gary Becker Free enterprise is the most effective antipoverty…
    Jon Sanders, June 14, 2016
  • Post

    Payday lending is bad for poor consumers. Their alternatives may be worse.

    Paternalism is at the heart of this campaign. Reactive government paternalism is almost always accompanied by negative unintended consequences, and this is. I researched this issue in 2013 and found things weren't quite what they appeared.
    Jon Sanders, May 18, 2016
  • Post

    Of the origin of the word ‘hogwash’ and the minimum wage

    What is hogwash — actual hogwash, not figurative hogwash? I took an informal poll and found that most people didn’t know and thought it had something to do with cleaning pigs. Hogwash is not to be confused with, say, buttermilk, which in the beloved E.B. White book Charlotte’s Web was used to clean…
    Jon Sanders, April 13, 2016
  • Post

    “After all this time?” “Always.”

    Well, Rielle may have left him, but John Edwards' biggest crush is still smitten. A political reporter twitterpated by a progressive charlatan is old hat, of course. Even if this one was as tawdry as a dime-store novel. Nevertheless, I was a little surprised that Rob Christensen still believes Edward's UNC-Chapel Hill poverty center was not merely a brazenly obvious campaign ploy. Recall its history:
    Jon Sanders, February 18, 2016
  • Post

    That moral wage morally cutting jobs. Morality in action!

    What is it about the minimum wage — instituted by racist progressive eugenicists deliberately seeking to price blacks and “inferior” whites out of the job market — that appeals to modern-day progressives? More than doubling the present minimum wage is a darling of the “moral” movement (who also favor other racist…
    Jon Sanders, February 4, 2016
  • Post

    ‘The fact that the minimum wage destroys jobs was once its main selling point’

    The New Republic reviews an important new book by Thomas C. Leonard: Illiberal Reformers: Race, Eugenics & American Economics in the Progressive Era. Among his revelations: The minimum wage was created to destroy jobs; progressives (including the founders of this magazine) really did hate small businesses and they were all way too enthusiastic…
    Jon Sanders, January 26, 2016
  • Post

    More red tape = more income inequality

    Last week I had the honor of speaking in favor of occupational licensing reform before a legislative oversight committee (you can view my presentation here). Among other things, I spoke of research findings that occupational licensing depressed employment growth in the regulated industry, and that it negatively affected entrepreneurship —…
    Jon Sanders, January 25, 2016