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, ...
Michael Haley
April 22, 2009
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 ...
Jason Clemens
April 21, 2009
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.
Pacific Research Institute
April 20, 2009
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 ...
Robert P. Murphy
April 20, 2009
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 ...
MargaretA. Bengs
April 20, 2009
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 ...
Jeffrey Tucker
April 17, 2009
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 ...
Sonia Arrison
April 17, 2009
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 ...
Daniel R. Ballon
April 16, 2009
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 ...
Steven Greenhut
April 16, 2009
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 ...
Craig Westover
April 16, 2009
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, ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...