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Economic Freedom Promotes Upward Income Mobility

Economic freedom is positively tied with numerous positive outcomes ranging from faster economic growth to environmental progress and greater resilience in the face of economic crises. Recently, more attention has been devoted to the connection between economic freedom and income inequality and the findings are somewhat mixed as some studies show that economic freedom is associated with higher levels of inequality while others find the opposite.

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Justin T. Callais
September 2, 2021
Economic Freedom Promotes Upward Income Mobility

NC's Prospects for COVID-19 Economic Recovery: Top-Down and Bottom-up Assessment

What are North Carolina’s prospects for making a sustained COVID-19 economic recovery? With a still staggering labor market and economic hardships on the rise, state leaders have committed to the priorities of economic growth and prosperity. In this Brief, to assess the state’s prospects for sustained recovery we focus on two main components: the state’s fiscal health and the state’s economic health.

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Emma Blair Fedison
February 1, 2021

Make Public Education a Market Economy—Not a Socialist One

Nobel laureate Milton Friedman once compared our nation’s education system to “an island of socialism in a free-market sea.” Similarly, nearly 30 years ago, the then-president of the American Federation for Teachers Albert Shanker wrote, “It’s time to admit that public education operates like a planned economy, a bureaucratic system in which everybody’s role is spelled out in advance, and there are few incentives for innovation and productivity. It’s no surprise that our school system doesn’t improve: It more resembles the communist economy than our own market economy.”

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Peter Greene
January 5, 2018
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