Business & Economics
Business & Economics
CNBC News – NY Fed Chair Resignation Watch
Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Business & Economics
Obama shifts personal responsibility to Washington
America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Business & Economics
Nanny Government Plays from the Rough
As readers of the Contrarian know from the recent piece on Billie Jean King, my game is tennis. I’m not much of a golfer, but I can recognize a wild tee shot that lands deep in the rough. That is especially true when the shot comes from a politically correct ...
Business & Economics
Did FDR Make the Depression Great?
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Business & Economics
Why HOT is better than HOV for California
As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
Business & Economics
The Cost of Cap and Trade
Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
Business & Economics
Political Insiders On Obama’s First 100 Days
After President Obama’s 100 days in office, National Journal asked its Political Insiders to rank how he has handled four key groups: Democrats in Congress, Republicans in Congress, allies abroad and adversaries abroad — relationships that will have a major impact on the overall success of his presidency. Democratic Political ...
Business & Economics
Docket Case: Pennsylvania Tort Reform Advocates V. Critics
Docket Case: Pennsylvania Tort Reform Advocates V. Critics, No. 052009, P.A. (2009). Questions: Is Pennsylvania tort reform necessary? Will the suggested tort reforms offered by the advocates save money, encourage business, and stimulate the economy? Plaintiffs’ (Advocates’) Opening Statement, Exhibits Resting on its laurels. Allowing society to shoulder excessive costs. ...
Business & Economics
Suits hurt consumers
Making it easier to sue drug and medical-device manufacturers won’t help patients, contrary to what Milton Younger claims in a recent Community Voices article (“Put FDA back to work for consumers,” April 21). Instead, such federal legislation would unleash a torrent of meritless state lawsuits to the detriment of public ...
Business & Economics
Obama, Crisis, and the State
I am giving a speech in San Francisco today. Here’s a taste: How should we take the long view after 100 days of Obamamania? In the course of completing my long book about the Reagan presidency and what conclusions we should draw from that experience more than 20 years later, ...
CNBC News – NY Fed Chair Resignation Watch
Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Obama shifts personal responsibility to Washington
America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Nanny Government Plays from the Rough
As readers of the Contrarian know from the recent piece on Billie Jean King, my game is tennis. I’m not much of a golfer, but I can recognize a wild tee shot that lands deep in the rough. That is especially true when the shot comes from a politically correct ...
Did FDR Make the Depression Great?
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Why HOT is better than HOV for California
As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
The Cost of Cap and Trade
Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
Political Insiders On Obama’s First 100 Days
After President Obama’s 100 days in office, National Journal asked its Political Insiders to rank how he has handled four key groups: Democrats in Congress, Republicans in Congress, allies abroad and adversaries abroad — relationships that will have a major impact on the overall success of his presidency. Democratic Political ...
Docket Case: Pennsylvania Tort Reform Advocates V. Critics
Docket Case: Pennsylvania Tort Reform Advocates V. Critics, No. 052009, P.A. (2009). Questions: Is Pennsylvania tort reform necessary? Will the suggested tort reforms offered by the advocates save money, encourage business, and stimulate the economy? Plaintiffs’ (Advocates’) Opening Statement, Exhibits Resting on its laurels. Allowing society to shoulder excessive costs. ...
Suits hurt consumers
Making it easier to sue drug and medical-device manufacturers won’t help patients, contrary to what Milton Younger claims in a recent Community Voices article (“Put FDA back to work for consumers,” April 21). Instead, such federal legislation would unleash a torrent of meritless state lawsuits to the detriment of public ...
Obama, Crisis, and the State
I am giving a speech in San Francisco today. Here’s a taste: How should we take the long view after 100 days of Obamamania? In the course of completing my long book about the Reagan presidency and what conclusions we should draw from that experience more than 20 years later, ...
