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America’s founders thought the right to earn a living was so basic and obvious that it didn’t need to be mentioned in the Bill of Rights. The Right to Earn a Living charts the history of this fundamental human right, from the constitutional system that was designed to protect it by limiting government’s powers, to the Civil War Amendments that expanded protection to all Americans, regardless of race.
Americans across the political spectrum have turned away from free market capitalism, calling for more government intervention into the economy. This optimistic book explains how a dynamic, Commercial Republic that benefits all Americans is still possible. "Will someone intent on changing the direction of America’s economy seize on this text and send it far and wide?” —Hugh Hewitt, author, attorney, and national host of The Hugh Hewitt Show “Markets grounded in a commercial republic are what America needs. Gregg shows why.” —Vernon L. Smith, 2002 Nobel Laureate in Economics, Professor of Business Economics and Law at Chapman University One of America’s greatest success stories is its economy. For over a century, it has been the envy of the world. The opportunity it generates has inspired millions of people to want to become American. Today, however, America’s economy is at a crossroads. Many have lost confidence in the country’s commitment to economic liberty. Across the political spectrum, many want the government to play an even greater role in the economy via protectionism, industrial policy, stakeholder capitalism, or even quasi-socialist policies. Numerous American political and business leaders are embracing these ideas, and traditional defenders of markets have struggled to respond to these challenges in fresh ways. Then there is a resurgent China bent on eclipsing the United States’s place in the world. At stake is not only the future of the world’s biggest economy, but the economic liberty that remains central to America’s identity as a nation. But managed decline and creeping statism do not have to be America’s only choices, let alone its destiny. For this book insists that there is an alternative. And that is a vibrant market economy grounded on entrepreneurship, competition, and trade openness, but embedded in what America’s founding generation envisaged as the United States’s future: a dynamic Commercial Republic that takes freedom, commerce, and the common good of all Americans seriously, and allows America as a sovereign-nation to pursue and defend its interests in a dangerous world without compromising its belief in the power of economic freedom.
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Surveys the history of youth unemployment and identifies key issues underlying the current crisis. The Youth Unemployment Crisis: A Reference Handbook examines the recent phenomenon in the United States wherein young workers ages 16 to 24 are unemployed or disconnected from the labor force at disproportionate rates. It describes in detail what led to the crisis, who it affects, and what can be and is being done about it. The book opens with a chapter that addresses the nature and scope of the crisis, which is followed by a discussion of the inherent problems, controversies, and possible solutions. It includes essays from a diverse range of contributors, providing useful perspectives to round out the author's expertise, as well as a collection of data and documents; an overview of important people, organizations, and resources relating to the crisis; a chronology listing important events in the youth unemployment timeline; and a glossary of key terms.
Abstract: Accelerating economic growth in Central America, Panama and the Dominican Republic (CAPDR) remains an elusive task. While the region performed relatively well in the post-global financial crisis period, over the last five years obstacles to growth have become more evident and new challenges have emerged. In response, the region has strengthened macro-financial frameworks but more progress will be required to pave the way to sustained growth and prosperity. This book considers the structural factors underlying the region’s growth outlook and assesses its macroeconomic and financial challenges to help shape the policy agenda going forward. The book first identifies the structural determinants of growth in the region related to: capital formation; employment; demographic factors, including immigration; productivity; and violence. It then highlights the importance of creating fiscal space through the design and implementation of fiscal rules and mechanisms to increase accountability (better quality of public spending, adequate policies to reduce income inequality and sustainable retirement plans). Finally, it presents recent evidence on the importance of a supportive financial sector for growth (including through financial inclusion and development).
This 2016 OECD Economic Survey of the United States examines recent economic developments, policies and prospects. The special chapters cover: Private sector productivity and Making growth more inclusive.
The first thought after any arrest is usually, how long will it take to get out? Whether in jail or prison, your sole focus is getting out. Recent statistics shows that three out of every four persons incarcerated always end up returning behind bars within the first three years of release. A large percentage of these people are from low-income communities where access to financial capital, education, and job opportunities are limited, and family ends up getting stuck in a deep cycle of poverty that they found extremely difficult to break out from. Arrested for crimes often sponsored by poverty and the dire economic conditions that defined them, they are taken through a criminal justice system that is far more interested in keeping them in the poverty-incarceration cycle than rehabilitating them and giving them a better chance at life. With no income and criminal history after release, they are unable to pay for food, housing, and health needs. And what happens eventually? They slip back into a life of crime, and the cycle continues. It is high time we nullified this poverty-incarceration two-feeder system. How? By dealing with the root, which is poverty. So how do you break the cycle of poverty? You may want to get out of jail or prison but are you ready to get out of poverty. How? The answers are found here in learning how to experience your own economic development post-incarceration. Do you feel stuck? Are you tired of going in and out of jail? Or are you an ex-offender who have found it difficult to progress because of barriers associated with your criminal history? This book is the clear road map to creating generational wealth and living the kind of life you deserve. This book is the guide to finding a way up not just a way out.
The current expansion in the United States is one of the longest on record. Economic growth since the financial crisis has also been amongst the strongest in the OECD. Robust job growth has helped bring people into employment and reduce the unemployment rate. Partly as a result, wellbeing is ...