Category: chathamnc

North Carolina’s workforce is still too small

By John Hood Raleigh, NC – Most economic forecasters expect us to enter a recession sometime in 2023. I sure hope they’re wrong. Even a mild recession would throw tens of thousands of North Carolinians out of work. And the…

Economic freedom is a shock absorber

By John Hood Raleigh, NC – In a normal market, creditors demand higher interest from borrowers to whom they lend money for longer periods of time. That’s because these creditors are assuming more risk that they won’t be paid, and…