Agriculture
Agriculture
Introduction Agriculture is a cornerstone of North Carolina’s economy. It is one of the state’s largest industries and generates billions of dollars in revenue each year. Key agricultural products, including…
Invisible hand
economic concept popularized by Adam Smith
Research Brief
Budget, Taxation & Economy
Our Corporate Welfare Insanity Is Fast Heading to a Bad Place
Government incentives leave people and the economy worse off, not better, by politicians making decisions with other people's resources that they wouldn't make themselves. Gov. Cooper et al. just decided…
Freedom Focus
Freedom Focus
What Is the Intended Role of Government?
If we tell the government its principal role is to take care of us, there will be no end to the violation of rights.
Research Brief
Budget, Taxation & Economy
The Ultimate Resource in the battle against the coronavirus
Defeating a virus. This isn’t a fight we expected, but know this: it’s a war a free society is uniquely geared to win. That’s because, as Ronald Reagan put it…
Research Brief
Budget, Taxation & Economy
Economic Incentives Unlikely To Influence Corporate Relocations
A bill introduced this week in the North Carolina Senate would choose “economic development” policies over economic growth policies. It’s not a good choice if the aim is actually to…
Research Brief
Budget, Taxation & Economy
Economic Growth & Economic Development: Free Exchange vs Interventionism
Over the years I’ve written several articles about the differences between economic growth and economic development. I have pointed out that, in terms of practical policy, emphasis on one or the…
Budget, Taxation & Economy
Russ Roberts’ wonderful loaf
Russ Roberts offers an excellent antidote for those who believe that government ensures we get what we need in our lives. [W]ho makes sure there’s so much bread? You want…
Liberty
We’re Not Getting It
I do not want to make fun of the homeless, as I could join their ranks any day. I am, however, going to point out that in the 11th year…
Liberty
Where is your theory?
As Donald Boudreaux notes in the letter below, while some studies have claimed that raising the minimum wage does not lead to unemployment among low-skill workers (studies that are short-run…
Liberty
One for the ‘price gouging’ crowd
Each issue of Commentary magazine features a joke under the heading “Enter Laughing.” The latest one touches on a key economic principle that tends to be ignored during times of…
Liberty
Demanding Ends without Means
Tuesday, Asheville City Council postponed approval of an apartment complex. They didn’t want an industrially-zoned (IND) property to be downgraded because the city has a shortage thereof. The developers asked…
Liberty
Wilmington Mayor invokes Milton Friedman and I Pencil in support of film incentives
Amazingly Mayor Bill Saffo has invoked Milton Friedman and the famous article by Leonard Read, I Pencil, in support of state government incentives for the movie industry. This from the…