Business & Economics
Business & Economics
Taxpayers Pick Up NYC’s $6B Lawsuits Bill
New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
Lawrence J. McQuillan
August 22, 2011
Agriculture
Villaraigosa wants more of what doesn’t work
Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
Steven Greenhut
August 19, 2011
Business & Economics
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Benjamin Zycher
August 18, 2011
California
Villaraigosa’s Whistle Stop
Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after Californias Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Katy Grimes
August 17, 2011
Business & Economics
Unfounded fears threaten energy success story
Researchers at MIT recently forecast that natural gas production from five American shale reserves would double in five years and triple in 20. These U.S. sources of gas can transform America’s energy outlook, provided lawmakers don’t interfere with the process. Shale formations created from sea basins millions of years ago ...
Lawrence J. McQuillan
August 16, 2011
Business & Economics
Big deficits and easy money have failed
Investors around the world are rattled at the recent plunges in the U.S. stock market. Keynesian pundits predictably blamed our economic woes on the (nonexistent) austerity measures in the recent budget compromise, saying we just need more deficits and a looser Federal Reserve. But in reality, it is unprecedented budget ...
Robert P. Murphy
August 14, 2011
Business & Economics
Police beating sparks needed national debate
The latest cheesy TV cop series, “Against The Wall,” is about a Chicago woman from a family of police officers who becomes a detective in the department’s internal-affairs unit. This causes outrage among her police brothers and dad, who view internal oversight work as treasonous. The trailer is filled with ...
Steven Greenhut
August 14, 2011
Business & Economics
Removing Politics from Politics
An investigation last month by CalWatchDog.com, which I edit, revealed that at least one of the 14 commissioners in charge of drawing new district lines for California’s elected representatives had made multiple political campaign contributions to Democratic candidates—contributions that were previously undisclosed to the California Citizens Redistricting Commission. The commissioner, ...
Steven Greenhut
August 12, 2011
Business & Economics
Was Obama’s Strategic Petroleum Reserve release the best way to lower gasoline prices?
On June 23, the Obama administration, in conjunction with other governments, announced a plan to release a total of 60 million barrels of oil from strategic oil reserves in the U.S. and other countries, at a rate of 2 million barrels per day for 30 days. That day, oil prices ...
Robert P. Murphy
August 9, 2011
Business & Economics
Christine Hughes – Bay Area People
(San Francisco) The Pacific Research Institute (PRI), a nationally recognized free-market think tank located in San Francisco, has named Christine Hughes as its new Vice President. Ms. Hughes had formerly served on the Board of Directors at the Pacific Research Institute from 2005-2011 as a member of the Executive Committee ...
Pacific Research Institute
August 8, 2011
Taxpayers Pick Up NYC’s $6B Lawsuits Bill
New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
Villaraigosa wants more of what doesn’t work
Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Villaraigosa’s Whistle Stop
Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after Californias Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Unfounded fears threaten energy success story
Researchers at MIT recently forecast that natural gas production from five American shale reserves would double in five years and triple in 20. These U.S. sources of gas can transform America’s energy outlook, provided lawmakers don’t interfere with the process. Shale formations created from sea basins millions of years ago ...
Big deficits and easy money have failed
Investors around the world are rattled at the recent plunges in the U.S. stock market. Keynesian pundits predictably blamed our economic woes on the (nonexistent) austerity measures in the recent budget compromise, saying we just need more deficits and a looser Federal Reserve. But in reality, it is unprecedented budget ...
Police beating sparks needed national debate
The latest cheesy TV cop series, “Against The Wall,” is about a Chicago woman from a family of police officers who becomes a detective in the department’s internal-affairs unit. This causes outrage among her police brothers and dad, who view internal oversight work as treasonous. The trailer is filled with ...
Removing Politics from Politics
An investigation last month by CalWatchDog.com, which I edit, revealed that at least one of the 14 commissioners in charge of drawing new district lines for California’s elected representatives had made multiple political campaign contributions to Democratic candidates—contributions that were previously undisclosed to the California Citizens Redistricting Commission. The commissioner, ...
Was Obama’s Strategic Petroleum Reserve release the best way to lower gasoline prices?
On June 23, the Obama administration, in conjunction with other governments, announced a plan to release a total of 60 million barrels of oil from strategic oil reserves in the U.S. and other countries, at a rate of 2 million barrels per day for 30 days. That day, oil prices ...
Christine Hughes – Bay Area People
(San Francisco) The Pacific Research Institute (PRI), a nationally recognized free-market think tank located in San Francisco, has named Christine Hughes as its new Vice President. Ms. Hughes had formerly served on the Board of Directors at the Pacific Research Institute from 2005-2011 as a member of the Executive Committee ...