Business & Economics
Business & Economics
Fiscal mess deeper than ‘cliff’
To paraphrase Samuel Johnson, nothing focuses the mind like a crisis. And, perhaps that is why the political class continually manufactures fiscal crises. The manufactured crises can be used to focus the collective political mind and help solve the underlying fiscal problem. The fiscal cliff the tax increases and ...
Business & Economics
Deep Reform, Not Window Dressing, for a Cooler, Cleaner California
The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
Business & Economics
The Crusade Against Plastic Bags
KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
Business & Economics
New Report on Controlling Rising Government Compensation Costs
New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report Policy Reforms to Control Rising Government Compensation Costs ...
Business & Economics
To cut state prison budget, start with perks for guards
California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
Business & Economics
California’s politicians failing taxpayers
California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
Business & Economics
Economists argue about sequestration’s effect on jobs
As a prominent analyst of the local economy, Stephen S. Fuller of George Mason Universitys Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
Business & Economics
More taxes won’t fix state debt
The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
Business & Economics
Weekly Standard: The Obamacare Bowl
Have you ever watched a football game in which a team runs the ball seemingly at will and wins in a rout? And then, in a rematch, that same team for no good reason throws the ball repeatedly, with little success? Meet Team Republican. In 2010, it ran Obamacare down ...
Business & Economics
Economist Finds Dental Service Organizations (DSOs) More Cost-Effective Than Average Independent Dentists
Laffer Study of TX Medicaid Claims Shows DSOs Treat Patients More Conservatively, Contrary to Claims by Detractors of the Dental Business Model Nashville, Tenn. — An in-depth study of state reimbursement claims data conducted by economist Arthur Laffer shows that Dental Service Organizations (DSO) in Texas are providing more cost-efficient ...
Fiscal mess deeper than ‘cliff’
To paraphrase Samuel Johnson, nothing focuses the mind like a crisis. And, perhaps that is why the political class continually manufactures fiscal crises. The manufactured crises can be used to focus the collective political mind and help solve the underlying fiscal problem. The fiscal cliff the tax increases and ...
Deep Reform, Not Window Dressing, for a Cooler, Cleaner California
The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
The Crusade Against Plastic Bags
KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
New Report on Controlling Rising Government Compensation Costs
New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report Policy Reforms to Control Rising Government Compensation Costs ...
To cut state prison budget, start with perks for guards
California’s voters will soon consider two ballot initiatives that aim to reduce the state’s unsustainable spending on prisons. The cost of jail is punishing and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year. That figure certainly is not chump change, but the ...
California’s politicians failing taxpayers
California’s state and local politicians are failing their fiduciary responsibility to the taxpayers. As the taxpayers’ agents, California’s politicians should be establishing compensation policies that are generous enough to attract and retain the right people, but not so generous that government workers earn a substantial premium compared to their private ...
Economists argue about sequestration’s effect on jobs
As a prominent analyst of the local economy, Stephen S. Fuller of George Mason Universitys Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
More taxes won’t fix state debt
The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
Weekly Standard: The Obamacare Bowl
Have you ever watched a football game in which a team runs the ball seemingly at will and wins in a rout? And then, in a rematch, that same team for no good reason throws the ball repeatedly, with little success? Meet Team Republican. In 2010, it ran Obamacare down ...
Economist Finds Dental Service Organizations (DSOs) More Cost-Effective Than Average Independent Dentists
Laffer Study of TX Medicaid Claims Shows DSOs Treat Patients More Conservatively, Contrary to Claims by Detractors of the Dental Business Model Nashville, Tenn. — An in-depth study of state reimbursement claims data conducted by economist Arthur Laffer shows that Dental Service Organizations (DSO) in Texas are providing more cost-efficient ...
