Business & Economics

Business & Economics

Double dip looks doubly certain

NASHVILLE, Tenn. (MarketWatch) — Economists and financial analysts are currently arguing whether the economy will experience a “double dip,” a recession followed by a short recovery, followed by another recession. Some think the worst is behind us, and that output and employment will slowly but steadily increase during the next ...
Business & Economics

LA TIMES: There’s no defense for the estate tax

In his July 6 Op-Ed, law professor Ray D. Madoff made a case for the estate tax, claiming that it promoted tax fairness and economic growth. Madoff is wrong on both counts. The estate tax violates common principles of justice and stifles economic growth. Congress should permanently lock in this ...
Business & Economics

Can GOP quit weed whacking?

Sacramento – If the California Republican Party were serious about its oft-stated calls for limiting government, then it should be championing an initiative on the November ballot that would reduce government interference in our lives, increase the efficiency of law-enforcement, protect property rights and help fill the gaping hole in ...
Business & Economics

Tort Liability Index: 2010 Report

Business & Economics

State Crime Lab Task Force Shutdown Vote Sets Example

State Crime Lab Task Force Shutdown Vote Sets Example By K. Lloyd Billingsley, editorial director In early June the California State Crime Lab Task Force voted to shut itself down. This unusual action sets a good example for other state entities, and for legislators looking to trim state government. Most ...
Business & Economics

Census Nonsense

Vol. 14 No. 07: July 6, 2010 Census Nonsense By Sally C. Pipes, President and CEO, Pacific Research Institute Some 2010 Census results are in, and Contrarian readers will be pleased to know that feminist organizations are already hard at work massaging the data to fit their tired narrative. This ...
Business & Economics

Police budget cuts won’t spike crime

SACRAMENTO – “The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary,” observed the journalist, critic and satirist H.L. Mencken. Mencken perhaps would not have envisioned the ...
Business & Economics

Make California ‘open for business’

California’s unemployment rate, according to the most recent figures, is 12.4 percent, down from a revised 12.5 percent the month before, which was the highest jobless rate ever recorded for California since the Bureau of Labor Statistics began collecting standardized data in 1976. Such high unemployment is powerful evidence of ...
Business & Economics

Government ‘too big to fail’ and too big to succeed

These days, one is hard-pressed to read a newspaper or watch the news without encountering the phrase “too big to fail.” The debate over TBTF, as it also is known, completely ignores the one institution that deserves attention when assessing the real risks of TBTF: government. To get a sense ...
Business & Economics

Oil Producers’ Liability Should Not Be Unlimited

Everyone loves a villain. And with the Deepwater Horizon disaster at the two-month mark, the love knows no bounds, uniting much of the political-media complex in a sticky goo of opportunism, finger-pointing and phony demands for apologies. That BP–having schmoozed the environmental left for years while compiling a dreadful safety ...
Business & Economics

Double dip looks doubly certain

NASHVILLE, Tenn. (MarketWatch) — Economists and financial analysts are currently arguing whether the economy will experience a “double dip,” a recession followed by a short recovery, followed by another recession. Some think the worst is behind us, and that output and employment will slowly but steadily increase during the next ...
Business & Economics

LA TIMES: There’s no defense for the estate tax

In his July 6 Op-Ed, law professor Ray D. Madoff made a case for the estate tax, claiming that it promoted tax fairness and economic growth. Madoff is wrong on both counts. The estate tax violates common principles of justice and stifles economic growth. Congress should permanently lock in this ...
Business & Economics

Can GOP quit weed whacking?

Sacramento – If the California Republican Party were serious about its oft-stated calls for limiting government, then it should be championing an initiative on the November ballot that would reduce government interference in our lives, increase the efficiency of law-enforcement, protect property rights and help fill the gaping hole in ...
Business & Economics

Tort Liability Index: 2010 Report

Business & Economics

State Crime Lab Task Force Shutdown Vote Sets Example

State Crime Lab Task Force Shutdown Vote Sets Example By K. Lloyd Billingsley, editorial director In early June the California State Crime Lab Task Force voted to shut itself down. This unusual action sets a good example for other state entities, and for legislators looking to trim state government. Most ...
Business & Economics

Census Nonsense

Vol. 14 No. 07: July 6, 2010 Census Nonsense By Sally C. Pipes, President and CEO, Pacific Research Institute Some 2010 Census results are in, and Contrarian readers will be pleased to know that feminist organizations are already hard at work massaging the data to fit their tired narrative. This ...
Business & Economics

Police budget cuts won’t spike crime

SACRAMENTO – “The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary,” observed the journalist, critic and satirist H.L. Mencken. Mencken perhaps would not have envisioned the ...
Business & Economics

Make California ‘open for business’

California’s unemployment rate, according to the most recent figures, is 12.4 percent, down from a revised 12.5 percent the month before, which was the highest jobless rate ever recorded for California since the Bureau of Labor Statistics began collecting standardized data in 1976. Such high unemployment is powerful evidence of ...
Business & Economics

Government ‘too big to fail’ and too big to succeed

These days, one is hard-pressed to read a newspaper or watch the news without encountering the phrase “too big to fail.” The debate over TBTF, as it also is known, completely ignores the one institution that deserves attention when assessing the real risks of TBTF: government. To get a sense ...
Business & Economics

Oil Producers’ Liability Should Not Be Unlimited

Everyone loves a villain. And with the Deepwater Horizon disaster at the two-month mark, the love knows no bounds, uniting much of the political-media complex in a sticky goo of opportunism, finger-pointing and phony demands for apologies. That BP–having schmoozed the environmental left for years while compiling a dreadful safety ...
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