Economics

Economics

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Commentary: The reviews are in, and film incentives are still wrong for Michigan
Commentary: The reviews are in, and film incentives are still wrong for Michigan
Some legislators want to resuscitate Michigan's defunct tax subsidies for film and television production — a program that once spent half a billion taxpayer dollars. That would be a colossal mistake.I should know. I've analyzed those incentives more than most. My first nationwide study…
derek68·crainsdetroit.com·
Commentary: The reviews are in, and film incentives are still wrong for Michigan
Commentary: Entrepreneurship offers path to wealth for minority communities
Commentary: Entrepreneurship offers path to wealth for minority communities
The Michigan Minority Supplier Development Council recently released a new analysis estimating that it will take more than three centuries to achieve economic parity in minority communities based on the current growth rate of the nation's minority entrepreneurs. Simply put, we must do better. And…
derek68·crainsdetroit.com·
Commentary: Entrepreneurship offers path to wealth for minority communities
Sales tax holidays 2021 can help families prepare for return to classrooms
Sales tax holidays 2021 can help families prepare for return to classrooms
It's mid-July, a particularly important date this year for parents. No, I'm not talking about the Advance Child Tax Credit payments that started going out today. I'm talking about the imminent arrival of the 2021-22 school year. With the COVID-19 pandemic somewhat under control — Be gone, Delta variant and everyone please get vaccinated! — schools across the country will be opening this year. Yes, that sound you hear over the internet is millions of parents celebrating. Tax holidays, too: That other sound you hear is taxpayers, both parents and child-free, celebrating, too, because the annual back-to-school tax holidays also...
derek68·dontmesswithtaxes.com·
Sales tax holidays 2021 can help families prepare for return to classrooms
6 Myths About Marriage and Credit
6 Myths About Marriage and Credit
/PRNewswire/ -- Tying the knot can be one of the best decisions you make in your life. In many cases, tying the knot also means sharing financial accounts and...
derek68·prnewswire.com·
6 Myths About Marriage and Credit
Analysis: Michigan gives out first vaccine lottery prizes, but it hasn't increased vaccination rates
Analysis: Michigan gives out first vaccine lottery prizes, but it hasn't increased vaccination rates
Michigan won't get 70 percent of residents vaccinated against COVID-19 by the Aug. 3 end of the state's "vaccine lottery" program.The realization presents an expensive reality as the state on Wednesday announced the first four winners of the MI Shot to Win lottery program designed to boost…
derek68·crainsdetroit.com·
Analysis: Michigan gives out first vaccine lottery prizes, but it hasn't increased vaccination rates
Commentary: Vaccination lotteries don't move the needle on inoculations
Commentary: Vaccination lotteries don't move the needle on inoculations
Gov. Gretchen Whitmer's MI Shot to Win vaccination lottery program isn't doing much to convince vaccine-hesitant residents to get inoculated. As of July 13, about 62.4 percent of Michigan residents 16 or older have received at least one dose of the vaccine. That's an increase of less than 1…
derek68·crainsdetroit.com·
Commentary: Vaccination lotteries don't move the needle on inoculations
Trillions of Dollars of Retirement Wealth Have Been Mislaid - Econlib
Trillions of Dollars of Retirement Wealth Have Been Mislaid - Econlib
And once they are accounted for, measured wealth inequality plummets.  One reason that the illiquid and non-market resources of DB [defined benefit] pensions and Social Security are typically excluded from studies of wealth concentration is that they are not directly available in household-level survey data. Our work addresses this issue by taking data from the …
derek68·econlib.org·
Trillions of Dollars of Retirement Wealth Have Been Mislaid - Econlib
DO GOOD OLYMPICS MAKE GOOD NEIGHBORS?
DO GOOD OLYMPICS MAKE GOOD NEIGHBORS?
Most studies of mega-events such as Olympic Games find a relatively small impact on the cities that host them. One reason given for this finding is that the event displaces tourists who otherwise wo...
derek68·onlinelibrary.wiley.com·
DO GOOD OLYMPICS MAKE GOOD NEIGHBORS?
The Olympics are overrated
The Olympics are overrated
A lot of people around the world will tune in to see the Summer Olympics opening ceremony this Friday, but how beneficial is it for Tokyo (or any other city) to even host the games?
derek68·jadrian.substack.com·
The Olympics are overrated
Americans' shift to be their own bosses is lasting in pandemic
Americans' shift to be their own bosses is lasting in pandemic
The surprising startup boom that took root in the U.S. last year shows little sign of having slowed, and, in fact, looks to be one factor in the nation's high turnover rate in jobs.Several weeks after the pandemic hit in March 2020, economists spotted an uptick in the number of people filing…
derek68·crainsdetroit.com·
Americans' shift to be their own bosses is lasting in pandemic
Mapped: Global Happiness Levels in 2021
Mapped: Global Happiness Levels in 2021
Global happiness levels are determined by many diverse factors. These maps look at the happiest and unhappiest countries in every region.
derek68·visualcapitalist.com·
Mapped: Global Happiness Levels in 2021
Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
(Bloomberg) -- Lumber, which at one point was among the world’s best-performing commodities as the pandemic sent construction demand soaring and stoked fears of inflation, has officially wiped out all of its staggering gains for the year.Prices at Monday’s close are now down 0.6% for the year as demand eases and supply expands in response to earlier gains. The rally turned a common building product into a social media sensation and a flash point in the debate over U.S. monetary policy. At one po
derek68·finance.yahoo.com·
Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom