Business & Economics

Business & Economics

Has California finally hit the wall?

In a recent interview with Jason Clemens, Economist and Director of Research for the Pacific Research Institute, he explained that California’s budget problems are not really about taxes or the costs of illegal immigration. PRI is near completion of a large detailed study on California’s prosperity, or the lack thereof, ...
Business & Economics

California Has Fourth Latest Tax Freedom Day

The Tax Foundation recently released its annual Tax Freedom Day calculations. The news emanating from the report should be cause for great concern for all Americans, and Californians in particular. Tax Freedom Day represents the day when Americans begin to work for themselves after having paid their federal, state, and ...
Business & Economics

Nationalizing the Banks

Discussing the “backdoor” government takeover of banks, with Robert Albertson, Sandler O’Neill & Partners; Noam Scheiber, The New Republic; Lee Hoskins, Pacific Research Institute; and CNBC’s Larry Kudlow.
Business & Economics

The Real Lessons of the Great Depression

Since late 2007, more and more commentators have drawn parallels between our current financial crisis and the Great Depression. Nobel laureates and presidential advisorsDownload PDF confidently proclaim that it was Herbert Hoover’s laissez-faire penny pinching that exacerbated the Depression, and that the American economy was saved only when FDR boldly ...
Business & Economics

Prop. 1A’s passage would open doors to more taxation

In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
Business & Economics

Robert Murphy to the Rescue

Myths about the Great Depression were once a mere annoyance. Now they have become a source for tyranny. The Bush-Obama response to the meltdown proves that one thing is certain: until we get the history of the 1930s right, liberty will be under threat of those trying to repeat the ...
Blackouts

Attention Greens and Geeks: Time for an Energy Revolution

Earth Day is fast approaching, yet despite the awareness this day brings, most people are powering their computers with electricity from coal-burning power plants, delivered by “dumb” networks. Change is long overdue, and it’s not a difficult matter. The electricity grid’s basic structure hasn’t changed much since Thomas Edison came ...
Business & Economics

Patent system exploited

A federal agency on Friday barred the second-largest supplier of high-definition televisions in North America from selling its products in the United States. This action reveals a patent system badly in need of reform. The U.S. International Trade Commission punished Irvine’s Vizio for infringing on a competitor’s patent, even though ...
Business & Economics

The Left’s pension dilemma

You know the pension tsunami is getting close to shore when the mainstream media are filled with hard-hitting stories about the coming crisis, such as the front-page article April 11 in the Sacramento Bee and Fresno Bee, documenting the manner in which huge pension costs for retired public employees “threaten ...
Business & Economics

The Sizzle of Economic Freedom and the Fizzle of Minnesota

Most Minnesotans don’t realize what restrictions on their economic freedom are costing them. If they realized the benefits that would flow to them with more economic freedom, they would be beating down the doors of the legislature demanding not just a stop to proposed government curtailment of their right to ...
Business & Economics

Has California finally hit the wall?

In a recent interview with Jason Clemens, Economist and Director of Research for the Pacific Research Institute, he explained that California’s budget problems are not really about taxes or the costs of illegal immigration. PRI is near completion of a large detailed study on California’s prosperity, or the lack thereof, ...
Business & Economics

California Has Fourth Latest Tax Freedom Day

The Tax Foundation recently released its annual Tax Freedom Day calculations. The news emanating from the report should be cause for great concern for all Americans, and Californians in particular. Tax Freedom Day represents the day when Americans begin to work for themselves after having paid their federal, state, and ...
Business & Economics

Nationalizing the Banks

Discussing the “backdoor” government takeover of banks, with Robert Albertson, Sandler O’Neill & Partners; Noam Scheiber, The New Republic; Lee Hoskins, Pacific Research Institute; and CNBC’s Larry Kudlow.
Business & Economics

The Real Lessons of the Great Depression

Since late 2007, more and more commentators have drawn parallels between our current financial crisis and the Great Depression. Nobel laureates and presidential advisorsDownload PDF confidently proclaim that it was Herbert Hoover’s laissez-faire penny pinching that exacerbated the Depression, and that the American economy was saved only when FDR boldly ...
Business & Economics

Prop. 1A’s passage would open doors to more taxation

In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
Business & Economics

Robert Murphy to the Rescue

Myths about the Great Depression were once a mere annoyance. Now they have become a source for tyranny. The Bush-Obama response to the meltdown proves that one thing is certain: until we get the history of the 1930s right, liberty will be under threat of those trying to repeat the ...
Blackouts

Attention Greens and Geeks: Time for an Energy Revolution

Earth Day is fast approaching, yet despite the awareness this day brings, most people are powering their computers with electricity from coal-burning power plants, delivered by “dumb” networks. Change is long overdue, and it’s not a difficult matter. The electricity grid’s basic structure hasn’t changed much since Thomas Edison came ...
Business & Economics

Patent system exploited

A federal agency on Friday barred the second-largest supplier of high-definition televisions in North America from selling its products in the United States. This action reveals a patent system badly in need of reform. The U.S. International Trade Commission punished Irvine’s Vizio for infringing on a competitor’s patent, even though ...
Business & Economics

The Left’s pension dilemma

You know the pension tsunami is getting close to shore when the mainstream media are filled with hard-hitting stories about the coming crisis, such as the front-page article April 11 in the Sacramento Bee and Fresno Bee, documenting the manner in which huge pension costs for retired public employees “threaten ...
Business & Economics

The Sizzle of Economic Freedom and the Fizzle of Minnesota

Most Minnesotans don’t realize what restrictions on their economic freedom are costing them. If they realized the benefits that would flow to them with more economic freedom, they would be beating down the doors of the legislature demanding not just a stop to proposed government curtailment of their right to ...
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