Economics

The North Carolina Employment Security Commission reported the state unemployment rose in September from 10.4 percent to 10.5 percent. Still above the national rate. Last September ... Keep Reading

The General Assembly's Fiscal Analyst says state revenue from the sales tax and personal income tax increased in September over the same time last year despite double digit ... Keep Reading

To paraphrase the great Thomas Sowell, "there are no solutions in life, merely trade-offs." Duke University associate business professor David McAdams ignores that self-evident ... Keep Reading

The unemployment rate in North Carolina rose from 10.1 to 10.4 percent in August, reports the state Employment Security Commission. However, in the press release announcing the ... Keep Reading

Class warrior Gene Nichol of the UNC Center on Poverty, Work and Opportunity takes to the N&O pages for this mindless screed fit for the pages of the Daily Worker. What's ... Keep Reading

While reading this N&O article about  yesterday's drop in the stock market, it hit me only a few lines in: Economists say sustained drops in stock prices tend to suppress ... Keep Reading

The House voted to override the Governor's veto of SB781, the Regulatory Reform Act of 2011. The new law is an attempt to take some of the burden of rules off businesses and ... Keep Reading

Manufacturers of corporate jets in North Carolina as well as small companies that maintain them are worried about a replay of the yacht tax in the 90's: ... Keep Reading

First Governor Beverly Perdue  vetoed SB532 that would have made changes at the Employment Security Commission (ESC) and put it under the director of the Secretary of Commerce. ... Keep Reading

It is amazing how old economic fallacies continue to persist, even after hundreds of years of debunking. The latest case in point is President Obama's comments blaming the ... Keep Reading