Creating High-Tech Jobs
Last week, the New York Times’s Catherine Rampell attempted to explain why tech firms are not hiring. She believes outsourcing is one main reason and mourned the decline in U.S. data processing jobs.
In RealClearMarkets.com, CEI’s Warren T. Brooks Journalism Fellow Ryan Young, and CEI’s Associate Director of Technology Studies Ryan Radia, argue that the real culprit is progress, not outsourcing.
“Job creators in America still face serious obstacles. Hiring new employees means jumping through countless regulatory hoops, from employee benefit mandates to IRS reporting requirements to payroll taxes. According to a 2005 study by economist W. Mark Crain, compliance costs average $5,282 per employee at large companies. Small businesses pay $7,647 per employee.“
Greens Want Their McCain Back
Green advocates are optimistic they will soon regain John McCain as one of their biggest champions.
In Politico, CEI’s Director of Energy and Global Warming Policy Myron Ebell is skeptical that McCain will return to supporting their environmentalist agenda.
“”Now that Sen. McCain has won the primary election by pretending to be a solid conservative, I expect he will return to type and find a fashionable liberal cause or two to promote and thereby gain the approbation of the establishment and particularly of the mainstream media,”Ebell said. “However, I doubt that one of those causes will be global warming. That’s because cap and trade has passed its sell-by date. Energy-rationing policies are dead for the next Congress. Sen. McCain will pick something that’s trendy rather than beating a dead horse.””
Scholarships to Study Free Market Ideas
National University of La Jolla, CA has a limited number of scholarships available for three online, undergraduate courses that focus on free-market economics and the philosophical foundations of capitalism.
On Open Market, CEI provides more details on the scholarship.
“The scholarships cover the full tuition for the courses plus the application fee to NU. These courses can be taken from anywhere in the world, as long as one has access to the internet. The courses incorporate live chat sessions in which the professor and students interact in a virtual classroom, much as they would in a traditional classroom. “