Business & Economics

Business & Economics

The size (of our government) really does matter

To balance the state budget, more than $20 billion in the red, California legislators are fighting over spending cuts. Legislators also disagree whether California government is too big. Fortunately, there is a way to quantify the size of government, and all Californians will find it illuminating. Most discussions about the ...
Business & Economics

Arthur Laffer in San Francisco

On Thursday night last week, supply-side luminary Arthur Laffer spoke to the Pacific Research Institute’s annual dinner in San Francisco. Laffer is among the most consequential economists of the last half century. Though lampooned and denounced on the left, his Laffer Curve has had a greater impact on American and ...
Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Economies of Scale Don’t Apply to Government

SACRAMENTO – As government costs soar, and revenue remains low because of the poor economy, some politicians and academics are trotting out an old idea that promises to increase efficiency and save money. It’s called municipal consolidation. In their view, combining multiple cities or agencies into a smaller number of ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Business & Economics

Tort Reform (Tort Law Tally)

Tort reform іѕ a well Ɩονеԁ call-tο-proceedings when іt comes tο healthcare legislation. In general tort reform in thе healthcare arena refers tο sinking lawsuits οr hυrtѕ related tο medical malpractice. Several states hаνе enacted tort reform. Nο one argues thаt frivolous lawsuits need tο bе eliminated; rаthеr thе debate ...
Business & Economics

Art Laffer: Jerry Brown was California’s best governor

Jerry Brown had fantastic economic policy, Laffer said. “He did a great job implementing Proposition 13. He indexed personal income tax in the state; put in Gann spending limit under his tenure; and killed the estate tax. He was one of the best governors California ever had.” Of Brown’s presidential ...
Commentary

Obamacare’s Popularity Hits All-Time Low

The survey also confirms that “health care voters” were central to the Republicans’ overwhelming victory in the midterms. Such voters – defined by Kaiser as “those who named health care or health care reform as one of the top two factors in deciding their vote for Congress” – overwhelmingly supported ...
Business & Economics

Puerto Rico’s epic tax blunder

Let’s say you’re an elected leader faced with a tough decision about how to revive the lagging economy. Your predecessors had tremendous success spurring growth by making the local tax environment exceptionally friendly to investment. However, in recent years, as the global economy has contracted, so has yours. GDP has ...
Business & Economics

Californians Deserve Value For Their Tax Dollars

Last week’s election, ushering in Jerry Brown as Governor-elect and changing passage of the state budget from two-thirds to a majority vote, will impact how legislators reconcile California’s budget deficit. Missing in the debate between higher taxes and less spending is whether current spending provides Californians value for their money. ...
Business & Economics

The size (of our government) really does matter

To balance the state budget, more than $20 billion in the red, California legislators are fighting over spending cuts. Legislators also disagree whether California government is too big. Fortunately, there is a way to quantify the size of government, and all Californians will find it illuminating. Most discussions about the ...
Business & Economics

Arthur Laffer in San Francisco

On Thursday night last week, supply-side luminary Arthur Laffer spoke to the Pacific Research Institute’s annual dinner in San Francisco. Laffer is among the most consequential economists of the last half century. Though lampooned and denounced on the left, his Laffer Curve has had a greater impact on American and ...
Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Economies of Scale Don’t Apply to Government

SACRAMENTO – As government costs soar, and revenue remains low because of the poor economy, some politicians and academics are trotting out an old idea that promises to increase efficiency and save money. It’s called municipal consolidation. In their view, combining multiple cities or agencies into a smaller number of ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Business & Economics

Tort Reform (Tort Law Tally)

Tort reform іѕ a well Ɩονеԁ call-tο-proceedings when іt comes tο healthcare legislation. In general tort reform in thе healthcare arena refers tο sinking lawsuits οr hυrtѕ related tο medical malpractice. Several states hаνе enacted tort reform. Nο one argues thаt frivolous lawsuits need tο bе eliminated; rаthеr thе debate ...
Business & Economics

Art Laffer: Jerry Brown was California’s best governor

Jerry Brown had fantastic economic policy, Laffer said. “He did a great job implementing Proposition 13. He indexed personal income tax in the state; put in Gann spending limit under his tenure; and killed the estate tax. He was one of the best governors California ever had.” Of Brown’s presidential ...
Commentary

Obamacare’s Popularity Hits All-Time Low

The survey also confirms that “health care voters” were central to the Republicans’ overwhelming victory in the midterms. Such voters – defined by Kaiser as “those who named health care or health care reform as one of the top two factors in deciding their vote for Congress” – overwhelmingly supported ...
Business & Economics

Puerto Rico’s epic tax blunder

Let’s say you’re an elected leader faced with a tough decision about how to revive the lagging economy. Your predecessors had tremendous success spurring growth by making the local tax environment exceptionally friendly to investment. However, in recent years, as the global economy has contracted, so has yours. GDP has ...
Business & Economics

Californians Deserve Value For Their Tax Dollars

Last week’s election, ushering in Jerry Brown as Governor-elect and changing passage of the state budget from two-thirds to a majority vote, will impact how legislators reconcile California’s budget deficit. Missing in the debate between higher taxes and less spending is whether current spending provides Californians value for their money. ...
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