Economy

Homeless man "seeking human kindness"

Steve Ahlquist’s clear description of his progressive beliefs on homelessness is a valuable contribution to consider.

By Justin Katz | June 10, 2021 |

Too often our reaction to ideas with which we disagree is to mock them or to dismiss them from the conversation.  Although the impulse is understandable, and I’m certainly guilty of it, doing so is a mistake.  Listening is how we understand, not only as a check on our own biases, but also as a…

Fed of St. Louis M3 chart of money supply

The United States: That Kid Who Had to Learn About Debt the Hard Way

By Justin Katz | May 28, 2021 |

Relatively little on-paper economic pain from COVID-19 makes it feel as if we’re getting away with something, but the bill will arrive at some point.

A fuel truck.

Deregulation during emergencies proves we just get used to the pain.

By Justin Katz | May 27, 2021 |

That quick lesson is why I’ve been meaning to mention this article from Newsmax: U.S. environmental regulators issued emergency fuel waivers on Tuesday to help alleviate shortages in reformulated gasoline in 12 states and the District of Columbia as supplies tighten five days after a cyberattack shuttered the nation’s biggest pipeline. … On Sunday, the U.S.…

X-Ray of an OK sign

What’s surprising is that more people don’t feel trapped in work for healthcare.

By Justin Katz | May 27, 2021 |

A recent survey of Americans, as reported on Newsmax, finds that one in six “U.S. adult workers have stayed at their jobs because they don’t want to lose employer-sponsored health insurance.”  That’s especially true for lower-income workers and minorities. Tying healthcare with employment is one of the more wrong-headed policy decisions our country has made in…

WalletHub map of states' employment recovery

Rhode Island’s lag in employment recovery shows leaders have to stop crushing our economy.

By Justin Katz | May 25, 2021 |

With Rhode Island’s elected officials’ piling on the burden of mandatory increases in the cost of labor for the next few years just when Rhode Island businesses most need flexibility, we should pay careful attention to findings like Adam McCann’s on WalletHub.  McCann compared all states’ unemployment claim recovery and found Rhode Island to be second-worst…

Mark Zaccaria talks debt on Rhody Reporter

Could cryptocurrency start forcing government to pay its debts?

By Justin Katz | May 24, 2021 |

Mark Zaccaria explains, for Rhody Reporter, how the introduction of a viable alternative global currency to the U.S. dollar could force the United States government (and its dependent states, like Rhode Island) to finally start paying for programs… or reduce them.

A drowning person's hand

How are businesses supposed to adjust to 6-8% increased labor costs every year for four years?

By Justin Katz | May 14, 2021 |

That’s not a question addressed by anybody whom Edward Fitzpatrick quotes in his Boston Globe article on the march of a $15 minimum wage bill in the General Assembly.  Although, Working Families Party director Georgia Hollister Isman does say that “small businesses should feel good that people will have money in their pockets.” Here are the…

A printing machine

To defang fake news, promote economic freedom and free speech.

By Justin Katz | May 13, 2021 |

The common wisdom, of course, is that fake news is a byproduct of freedom, but it doesn’t work out that way, according to a Heritage study by Anthony Kim. Our findings reiterate the importance of economic freedom as the fundamental need for enhancing public trust. Pre-existing economic freedom perceptions are the building blocks for stability…

A gas shortage starts in South Carolina

The ’70s are coming! The ’70s are coming!

By Justin Katz | May 11, 2021 |

I’m just a hair too young to remember car lines for gasoline in the 1970s, but I do remember my parents explaining to me why cars’ gas fill lines had to be unlatched from inside the car.  (For younger folks:  because gas was so rare and important that people were siphoning it out of cars…

BLM protest on Federal Hill

Politics This Week with John DePetro: Not All Rhode Islanders Are Equal

By Justin Katz | May 10, 2021 |

The weekly conversation about politics between John DePetro and Justin Katz finds a common theme of some Rhode Islanders’ mattering more than others.

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