The revised data can show certain sectors of the economy are doing better – orworse – than initially thought. That’s true for the latest revisions of regional and statewide employment figures.If you thought the Richmond region was performing better than the numbers hadshowed, you were right. In fact, employment in...

(Federally proposed regulations could well undermine the rationale behind funding of what the taxpayers understand is transit. Since many in Virginia are committed to transit, this article is important to our future transportation needs. Bob Poole’s Surface Transportation Innovations is a monthly newsletter published by the Reason Foundation. ) A...

In his book, “Thinking, Fast and Slow,” psychologist and Nobel Prize winner in economics Daniel Kahneman describes the phenomena of “loss aversion” and “reference points.” These deeply embedded cognitive quirks, which had survival value for hunter-gatherers, pose dilemmas for politicians in complex modern societies who try to change the status...

This article was originally published in the American Legislative Exchange Council’s policy blog, the AmericanLegislator (www.americanlegislator.com). A Gallup Poll released in February found that nearly half of small business owners pointed to potential healthcare costs (48 percent) as a reason for not hiring new employees. Even though 23 percent of...

(Publisher’s Note: Congestion relief should be the top priority in any transportation plan. Northern Virginia and Hampton Roads are our most congested parts of the state and where the highest concentrations of current and future jobs are located. This article from transportation expert Bob Poole of the Reason Foundation sheds...