All Posts Tagged With: "North Carolina"

To Understand Change, Learn History

Judging by the headlines and recent political campaigns, America’s economy is undergoing one of those rapid and fundamental changes that augur well for the incomes of Americans — but not so well for the prospects of restraining politicians from counterproductive intervention to “save jobs.” According to the data, my home state of North Carolina lies [...]

6Jul2010 | John Hood | 0 comments | Continued

Banning Payday Loans Deprives Low-Income People of Options

In 2006 North Carolina joined a growing list of states that ban “payday lending.” Payday loans are small, short-term loans made to workers to provide them with cash until their next paychecks. This kind of borrowing is costly, reflecting both the substantial risk of nonpayment and high overhead costs of dealing with many little transactions. [...]

1Apr2008 | George C. Leef | 2 comments | Continued

Involuntary Municipal Annexation: The Ugly Truth

Suppose you received a letter informing you that the nearby city had decided to annex your property. Beginning the next year, you learn, your property taxes would double and no additional government services would be provided. If that happened, you may be sure that 1) your property had been assessed at a high value, and [...]

1Sep2007 | Barbara R. Hunter | 29 comments | Continued

The Tyranny of Local Government

Thanks to the recent decision rendered by the Supreme Court in Kelo v. City of New London, citizens across the nation have a new reason to fear government.

1Nov2005 | Paul Messino | 1 comment | Continued

North Carolina’s Educational Wall of Separation

In a little-seen corridor of the Department of Administration in Raleigh, North Carolina, near the state ethics board and just around the corner from the Office of Historically Underutilized Businesses (no joking), there is an office that represents a unique turn in state law. The compact quarters of the Division of Non-Public Education (DNPE) are [...]

1Jul2005 | Hal Young | 0 comments | Continued

A Lesson in Political Management

Suppose you have just learned that the house you live in has leaky water pipes. If not attended to, the damage done by the leaks will compound and the value of the house will decline. Would you spend whatever it took to fix the problem? Or would you go out and buy an expensive new [...]

1Dec1999 | George C. Leef | 0 comments | Continued

Wanted: A Line Between Public and Private

Most people think that government should have limits, that government should do some things but not every thing. Accordingly, most people would argue that even if government could produce better hamburgers than anyone else, it shouldn’t get into the restaurant business because that would compete against—and draw valuable resources and attention away from—its more important [...]

1Aug1996 | Lawrence W. Reed | 1 comment | Continued
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