Business & Economy
Associated Press/Photo by Jacquelyn Martin

Ireland's economic comeback

Economy
by Cal Thomas
Posted 4/21/16, 10:58 am

DUBLIN—They called it the “Celtic Tiger,” a period of prosperity between 1995 and 2008, during which everything in Ireland appeared to come up shamrocks.

According to Wikipedia, between 1995 and 2000, the long-dormant Irish economy took off, expanding by a startling 9.4 percent. There was a building boom; roads were widened to accommodate more traffic; newly confident people started buying things they had long denied themselves, including bigger and nicer houses, which, it turns out, many could not afford.

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Associated Press/Photo by Seth Wenig, File

Economists: New York's paid family leave plan has shaky foundation

Business
by Kiley Crossland
Posted 4/06/16, 11:20 am

New York state passed the longest and most far-reaching family paid leave policy in the country last week. Gov. Andrew Cuomo signed it into law Monday as part of the state budget.

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Associated Press/Photo by Damian Dovarganes

Economists: $15 minimum wage will cripple California businesses

Business
by Evan Wilt
Posted 4/01/16, 02:48 pm

California legislators approved the nation’s highest statewide minimum wage—$15 an hour—on Thursday, but critics say they forgot to do their homework before taking their vote.

“In the end, this is not about politics or social justice—this is just about math,” said Mark Perry, an economic scholar at the American Enterprise Institute. “Small businesses don’t just have a magic pile of money somewhere to afford a 50 percent increase in their labor costs.”

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