When Dr. Walter Williams spoke at CLC, he sat down with us for an exclusive interview. He covers a wide range of current topics, focusing especially on economic myths and ... Keep Reading
Economics
Walter Williams Dismantling the Minimum Wage
There is little doubt that the minimum wage is shaping up to be a hot political topic both nationally and here in NC this election year. There has been, and will continue to be, ... Keep Reading
Hypocrisy Alert: 1 Percenter Lectures Us on Income Inequality
The unhinged and economically illiterate Gene Nichol, head of the taxpayer-funded propaganda mill known as the Poverty Center at UNC-Chapel Hill (an outfit created as a John ... Keep Reading
N&O Continues to Fail Econ 101
The N&O yesterday ran this syndicated column on the minimum wage. No matter how low the N&O lowers my expectations, they continue to stun me with the ignorant and ... Keep Reading
New CBO Report: Obamacare’s Job Destruction Worse Than First Predicted
One the most important fundamentals of economics is the lesson that incentives matter. That is, the institutional rewards and punishments for certain behavior will result in people ... Keep Reading
If I Wanted to Keep Poor People Poor
Advocates for free markets often get smeared with comments like "you just want to keep poor people poor and see the rich get richer!" Such accusations are utter nonsense, of ... Keep Reading
Paul Krugman’s War on Common Sense
The expiration of unemployment benefits for an estimated 70,000 long-term unemployed North Carolinians has garnered national attention, even receiving the ridiculously shrill label ... Keep Reading
$2,100
Unless a deal is struck that is favorable to the middle class, we go over the fiscal cliff in less than two weeks. My, oh my, how time flies while the men and women in Congress ... Keep Reading
Higher Employer Tax and Fewer Benefits In NC Unemployment Reform Package
A legislative panel unveiled its ideas to reform unemployment taxes and benfits. It also had a proposal for paying back a federal loan more quickly. Matt Willoughby has a video ... Keep Reading
Council of State Approves Dix Deal, Berger Looks to Repeal It
The Council of State approved a deal worked out with the city of Raleigh and Governor Bev Perdue to lease the Dorothea Dix property to the city for a park. The agreement is worth ... Keep Reading