Business & Economics

Business & Economics

Earlier, Litigation Against Dole was Proved a Fraud

Things were looking up for Dole legally even before a federal judge rejected a Nicaraguan court’s award against the company as coming from a fundamentally unfair legal system. (See earlier post.) The latest edition of California Lawyer magazine covers the corrupt class-action case against Dole based on invented claims of ...
Business & Economics

CBO Underestimates Benefits of Malpractice Reform

Getting sued is now part of the job description for physicians. Each year, up to 25 percent of them face lawsuits. Doctors are found innocent in 90 percent of cases, but they lose even then — average defense costs per claim approach $100,000. Fear of lawsuits causes most doctors to ...
Business & Economics

Budget fixes, no; blueberries, yes

SACRAMENTO – Elected officials would have us believe that the world would not go around if they weren’t busy addressing the “big” issues in city councils and state legislatures. But, in reality, most of what elected officials do ranges from the nonsensical to the malevolent. How many readers believe that ...
Business & Economics

Ending drugmakers’ exemption will cost jobs

During the past 10 years, Michigan has had a declining population, a shrinking job market, and the worst personal income growth of any state. Now Michigan stands to lose even more jobs in one of the state’s remaining robust sectors. The biopharmaceutical industry currently employs more than 100,000 Michiganders and ...
Business & Economics

California’s E-Waste Waste

The Pacific Research Institute (PRI), a free-market think tank based in California, found that California’s Electronic Waste Recycling Act (EWRA) is a waste of taxpayer dollars. In Fiscal Year 2007-2008, less than half of the facilities audited were in complete compliance with program rules, and the state has identified the ...
Business & Economics

Pacific Research Institute Releases New Study on California’s E-Waste Waste

San Francisco, October 7, 2009 – The Pacific Research Institute (PRI), a free-market think tank based in California, found that California’s Electronic Waste Recycling Act (EWRA) is a waste of taxpayer dollars. In Fiscal Year 2007-2008, less than half of the facilities audited were in complete compliance with program rules, ...
Business & Economics

Is the Recession Harder on Women than Men?

“During the current economic crisis, high-flying women have been overlooked for promotion, according to a study out Tuesday,” read the August 19 CNN headline, above the subtitle, “At the upper level of management, business is still dominated by men.” The study in question was Opportunity or Setback? High Potential Women ...
Business & Economics

Maryland and Virginia Real Estate Markets Show Promise

Last week, I started looking into the Washington, DC Metropolitan Statistical Area (MSA), which consists of the District of Columbia, Northern Virginia and parts of Maryland. Given the growth in the federal budget over the last few years, I wasn’t surprised to see that the DC MSA was “the most ...
Business & Economics

Anna Nicole Smith Was No Jimmy Stewart

In Frank Capra’s classic 1946 movie, It’s a Wonderful Life, the straight-arrow president of a struggling small-town building and loan company played by Jimmy Stewart realizes his bumbling Uncle Billy has lost $8,000 of the company’s cash on Christmas Eve afternoon, just as a bank examiner is arriving for an ...
Business & Economics

Taxing consumption, not income

Clemens is director of research and Murphy is a senior fellow with the Pacific Research Institute. They are co-authors of the California Prosperity Project series of studies. Commission recommends changes to make state revenue less volatile The report by the state Commission on the 21st Century Economy, delivered Tuesday after ...
Business & Economics

Earlier, Litigation Against Dole was Proved a Fraud

Things were looking up for Dole legally even before a federal judge rejected a Nicaraguan court’s award against the company as coming from a fundamentally unfair legal system. (See earlier post.) The latest edition of California Lawyer magazine covers the corrupt class-action case against Dole based on invented claims of ...
Business & Economics

CBO Underestimates Benefits of Malpractice Reform

Getting sued is now part of the job description for physicians. Each year, up to 25 percent of them face lawsuits. Doctors are found innocent in 90 percent of cases, but they lose even then — average defense costs per claim approach $100,000. Fear of lawsuits causes most doctors to ...
Business & Economics

Budget fixes, no; blueberries, yes

SACRAMENTO – Elected officials would have us believe that the world would not go around if they weren’t busy addressing the “big” issues in city councils and state legislatures. But, in reality, most of what elected officials do ranges from the nonsensical to the malevolent. How many readers believe that ...
Business & Economics

Ending drugmakers’ exemption will cost jobs

During the past 10 years, Michigan has had a declining population, a shrinking job market, and the worst personal income growth of any state. Now Michigan stands to lose even more jobs in one of the state’s remaining robust sectors. The biopharmaceutical industry currently employs more than 100,000 Michiganders and ...
Business & Economics

California’s E-Waste Waste

The Pacific Research Institute (PRI), a free-market think tank based in California, found that California’s Electronic Waste Recycling Act (EWRA) is a waste of taxpayer dollars. In Fiscal Year 2007-2008, less than half of the facilities audited were in complete compliance with program rules, and the state has identified the ...
Business & Economics

Pacific Research Institute Releases New Study on California’s E-Waste Waste

San Francisco, October 7, 2009 – The Pacific Research Institute (PRI), a free-market think tank based in California, found that California’s Electronic Waste Recycling Act (EWRA) is a waste of taxpayer dollars. In Fiscal Year 2007-2008, less than half of the facilities audited were in complete compliance with program rules, ...
Business & Economics

Is the Recession Harder on Women than Men?

“During the current economic crisis, high-flying women have been overlooked for promotion, according to a study out Tuesday,” read the August 19 CNN headline, above the subtitle, “At the upper level of management, business is still dominated by men.” The study in question was Opportunity or Setback? High Potential Women ...
Business & Economics

Maryland and Virginia Real Estate Markets Show Promise

Last week, I started looking into the Washington, DC Metropolitan Statistical Area (MSA), which consists of the District of Columbia, Northern Virginia and parts of Maryland. Given the growth in the federal budget over the last few years, I wasn’t surprised to see that the DC MSA was “the most ...
Business & Economics

Anna Nicole Smith Was No Jimmy Stewart

In Frank Capra’s classic 1946 movie, It’s a Wonderful Life, the straight-arrow president of a struggling small-town building and loan company played by Jimmy Stewart realizes his bumbling Uncle Billy has lost $8,000 of the company’s cash on Christmas Eve afternoon, just as a bank examiner is arriving for an ...
Business & Economics

Taxing consumption, not income

Clemens is director of research and Murphy is a senior fellow with the Pacific Research Institute. They are co-authors of the California Prosperity Project series of studies. Commission recommends changes to make state revenue less volatile The report by the state Commission on the 21st Century Economy, delivered Tuesday after ...
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