Business & Economics

Business & Economics

The $2 Trillion Hole

Promised pensions benefits for public-sector employees represent a massive overhang that threatens the financial future of many cities and states. LIKE A CALIFORNIA WILDFIRE, populist rage burns over bloated executive compensation and unrepentant avarice on Wall Street. Deserving as these targets may or may not be, most Americans have ignored ...
Business & Economics

One big lie says the U.S. is riding a reckless wave of capitalism

Don’t tell The Times, but America has long had a mixed economy with substantial regulations The theory of the big (but good) lie goes back to a certain reading of Plato’s most famous dialogue, the Republic. There are more or less crude versions of it, but the gist of the ...
Business & Economics

Sunshine Week 2010: Sunshine is the Best Disinfectant

KansasWatchdog will mark Sunshine Week with daily articles on government transparency: The Sunny Awards for the best in open government A Kansas transparency report card, why Kansas isn’t the Sunshine state How to: The basics and beyond of Kansas Open Meetings and Open Records law A look back at important ...
Business & Economics

Taxes pay government to lobby itself

The Sacramento Bee , March 13, 2010 California has the largest state economy, and the state Capitol jostles with players seeking a piece of the action. The biggest single lobbyist, however, is not Wal-Mart, Apple, Toyota, the entertainment industry or some fat-cat Jack Abramoff figure. The biggest lobbyist is government ...
Business & Economics

No roads to recovery in sight

With California teetering on insolvency, government union activists and liberal legislators are trying to whip the public into a “please tax us more” frenzy by scaring people about the consequences of spending cuts. At a union rally in Sacramento recently, one protester hoisted a “Raise Our Taxes” sign, which typifies ...
Business & Economics

Pacific Research Institute Releases New Study on Government to Government Lobbying

The Pacific Research Institute (PRI), a free-market think tank based in California, released a breakthrough study on taxpayer-funded lobbying, or government to government lobbying. Read PDF Study Pacific Research Institute Releases New Study on Government to Government Lobbying Connecticut has best lobbying transparency, New Hampshire has worst San Francisco, March ...
Business & Economics

No easy solutions for U.S., Japan to revive economies

Effective policy approaches should be similar for both the U.S. and Japan even though their economies differ in important respects, said Benjamin Zycher, a senior fellow of the Pacific Research Institute.
Business & Economics

California’s tax tactics undermine prosperity

California’s bond rating is the country’s lowest. The state faces near unprecedented unemployment and underemployment. State government and most counties face deficits for the foreseeable future. The solution to this predicament, some Sacramento politicians believe, is more taxes. The underlying assumption of such an approach is that taxes don’t have ...
Business & Economics

Who could blame us for cussing?

SACRAMENTO California’s union-dominated, Democratic-controlled Legislature is temperamentally incapable of fixing the state’s structural budget deficit, given that such a fix would require reduced government spending and the granting of fewer benefits to the state’s class of government workers. As Rome burned, legislators last week debated a meaningless “no-cussing” measure, which ...
Business & Economics

The Road To Serfdom

Steven Greenhut appeared on Fox Business’ The John Stossel Show to discuss the road to serfdom and public employee pension programs.
Business & Economics

The $2 Trillion Hole

Promised pensions benefits for public-sector employees represent a massive overhang that threatens the financial future of many cities and states. LIKE A CALIFORNIA WILDFIRE, populist rage burns over bloated executive compensation and unrepentant avarice on Wall Street. Deserving as these targets may or may not be, most Americans have ignored ...
Business & Economics

One big lie says the U.S. is riding a reckless wave of capitalism

Don’t tell The Times, but America has long had a mixed economy with substantial regulations The theory of the big (but good) lie goes back to a certain reading of Plato’s most famous dialogue, the Republic. There are more or less crude versions of it, but the gist of the ...
Business & Economics

Sunshine Week 2010: Sunshine is the Best Disinfectant

KansasWatchdog will mark Sunshine Week with daily articles on government transparency: The Sunny Awards for the best in open government A Kansas transparency report card, why Kansas isn’t the Sunshine state How to: The basics and beyond of Kansas Open Meetings and Open Records law A look back at important ...
Business & Economics

Taxes pay government to lobby itself

The Sacramento Bee , March 13, 2010 California has the largest state economy, and the state Capitol jostles with players seeking a piece of the action. The biggest single lobbyist, however, is not Wal-Mart, Apple, Toyota, the entertainment industry or some fat-cat Jack Abramoff figure. The biggest lobbyist is government ...
Business & Economics

No roads to recovery in sight

With California teetering on insolvency, government union activists and liberal legislators are trying to whip the public into a “please tax us more” frenzy by scaring people about the consequences of spending cuts. At a union rally in Sacramento recently, one protester hoisted a “Raise Our Taxes” sign, which typifies ...
Business & Economics

Pacific Research Institute Releases New Study on Government to Government Lobbying

The Pacific Research Institute (PRI), a free-market think tank based in California, released a breakthrough study on taxpayer-funded lobbying, or government to government lobbying. Read PDF Study Pacific Research Institute Releases New Study on Government to Government Lobbying Connecticut has best lobbying transparency, New Hampshire has worst San Francisco, March ...
Business & Economics

No easy solutions for U.S., Japan to revive economies

Effective policy approaches should be similar for both the U.S. and Japan even though their economies differ in important respects, said Benjamin Zycher, a senior fellow of the Pacific Research Institute.
Business & Economics

California’s tax tactics undermine prosperity

California’s bond rating is the country’s lowest. The state faces near unprecedented unemployment and underemployment. State government and most counties face deficits for the foreseeable future. The solution to this predicament, some Sacramento politicians believe, is more taxes. The underlying assumption of such an approach is that taxes don’t have ...
Business & Economics

Who could blame us for cussing?

SACRAMENTO California’s union-dominated, Democratic-controlled Legislature is temperamentally incapable of fixing the state’s structural budget deficit, given that such a fix would require reduced government spending and the granting of fewer benefits to the state’s class of government workers. As Rome burned, legislators last week debated a meaningless “no-cussing” measure, which ...
Business & Economics

The Road To Serfdom

Steven Greenhut appeared on Fox Business’ The John Stossel Show to discuss the road to serfdom and public employee pension programs.
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