John Locke Updates: Economic Growth & Development

There is a simple equation that every first-semester student in macroeconomics learns. It is the equation for measuring gross domestic product or GDP. GDP is used to measure the size…

Let’s just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate:…

The proposed new state budget would not expand the state’s overall film grant program this year. That’s the good news. The bad news is, the new state budget…

Imagine you are a middle school student called on stage in front of 75 of your friends and peers. Your teacher offers you a piece of chocolate cake but, in…

North Carolina’s corporate income tax currently stands at 3 percent, and it is scheduled to be reduced to 2.5 percent in January. This is after annual reductions in the rate,…

Try as I might, I can’t see the wisdom behind this proposed “transformative” projects expansion. I can’t. It’s terrible. For as long as I can remember, governors have tried…

“If you look at the U.S. current account balance…we are ceding about $450 billion of our wealth to mostly Southeast Asia and a little bit to Mexico.”  Kyle Bass, Founder…

On May 8, Salisbury voters overwhelmingly agreed on a resolution to lease the city’s Fibrant broadband system to a private company. The move to lease Fibrant to Hotwire Communications, approved…

In 1992, Louisiana became the first state in the nation to offer incentives for film productions. At first, few states bothered to adopt similar giveaways. The 2000s saw a flurry…

Is it unfair that some of our trading partners impose import restrictions like tariffs and quotas on American-made products or subsidies to industries that export to the U.S. The answer…