Brussels will legislate economic constrains to target net-zero emissions by 2050, and a plan to boost the bloc’s 2030 target for emissions cuts from at least 40 percent reduction to between 50 percent and 55 percent compared to 1990 levels.
The New York Times reported in 2017 that retail giant Walmart had spent $2.7 billion in the two previous years “on training and raising wages for 1.2 million of its store workers.” Walmart similarly recognizes how crucial is talent acquisition and retention.
Not everybody understands that these annoyances are the result of mandates handed down by a few unelected bureaucrats sitting in cubicles in Washington, D.C. By exposing the link, there’s a better chance of creating legions of small-government advocates than via lectures about Adam Smith.
Sometimes we do the right thing simply because it is the right thing. Economists tend to see the entire world as a giant cost-benefit analysis. Everything is self-interested. This is the wrong way to think about it.
This jarring disconnect between the forecasts and the real Trump economy would be comical if the policy stakes weren’t so high. What is missing from these forecasts is a “general equilibrium” analysis of tariffs, with a “dynamic scoring” of their effects, to account for the new investment tariffs induce.
Having squandered the public’s trust, desperate media liberals can now only satisfy their corporate advertisers’ demand for eyeballs with sensationalized hype. Liberal journalists can’t just report the news now, because—like the boy who cried wolf—no one really believes them.
During the Trump Presidency, wages for the bottom 10% of earners over age 25 rose an average 5.9% annually compared to 2.4% during Barack Obama’s second term, according to the latest demographic data from the Bureau of Labor Statistics.
The likelihood that someone would only ever experience either good or bad luck during their lifetime is very low. Over many years and decades, in most cases, good and bad luck should balance each other out.
One reason many progressives are so hostile to private giving is that government and charity are often competitors. They function in many of the same areas and sometimes attack the same problems, albeit in different ways.
Professor Kian Goh, who is teaching young minds vulnerable to radical thinking, is also critical of property rights in general. He prefers “government-planned and -built public housing,” as well as “new or reconstituted forms of cooperative housing.”
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