Business & Economics

Business & Economics

Product-Liability Law: Is “Pre-emption” the Right Question?

The media are (justifiably) interested in the Bush administration’s (or, if you prefer, the “Bush regime’s”) rushing a bunch of new rules into the Code of Federal Regulations that would “pre-empt” states’ product-liability laws. According to the Wall Street Journal, these rules “could block product-safety lawsuits by consumers and states.” ...
Business & Economics

Freedom more important than climate

Most of us who live here love California — the climate, the views, the beaches, the mountains, the opportunities, the people. One of the main reasons California Democrats (and, to a lesser extent, California Republicans) have been so aggressive in pushing bad policies is they believe that we won’t leave ...
Business & Economics

Medical Lawsuits Put Health At Risk

On Nov. 3, a day before the election, the U.S. Supreme Court hears Wyeth v. Levine, a case with profound implications for the health of all Americans. In 2000, plaintiff Diane Levine was given Wyeth’s anti-nausea drug Phenergan, then on the market for 45 years. In rare instances, as the ...
Business & Economics

Californians Voting with Their Feet

The state government’s stifling economic policies are worsening the downturn and driving citizens elsewhere. With the implosion of its storied investment banks and the future of Wall Street in doubt, New York will suffer the effects of the financial crisis more acutely than many states. But the crisis reaches epicenters ...
Business & Economics

Mayors join I-LAW in fight against lawsuit abuse

Marion Mayor Robert Butler and West Frankfort Mayor Marion Presley joined other mayors from throughout Southern Illinois in recognizing the work of Illinois Lawsuit Abuse Watch(I-LAW). Travis Akin, Executive Director of I-LAW, cited a recent report from the Harris Company that ranked Illinois 46th out of all 50 states for ...
Business & Economics

Cheer Up: There’s a Silver Lining for Tech

Chipmaker Intel (Nasdaq: INTC) said this week that despite its record US$10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech ...
Business & Economics

Upper Midwest: Land of economically free

The Republicans held their convention in St. Paul this summer, but the real news from the Upper Midwest is the region’s renaissance in economic freedom, led by South Dakota. The Mount Rushmore State is number one among all 50 states in economic freedom, according to the recently released 2008 U.S. ...
Business & Economics

If We Can’t Get Price Transparency, Let’s Try Calorie Transparency

Who knows why Governor Schwarzenegger signed SB-1420, a silly law that requires chain restaurants (a.k.a. fast-food joints) to post calorie-counts of their burgers, fries, and shakes on the menu-boards. Maybe sign-makers lobbied for it? I doubt it: Governor Schwarzenegger is a huge supporter of the nanny-state when it comes to ...
Business & Economics

Blatant Contradictions From Larry Kudlow

I have always liked Larry Kudlow. When I was growing up as a budding free marketeer, there was a natural disaster (I don’t remember which one) and everyone was calling for the president (must have been Reagan) to disburse disaster assistance for rebuilding. I didn’t like that answer, but I ...
Business & Economics

Sacramento sellout

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Gov. Schwarzenegger and the Legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
Business & Economics

Product-Liability Law: Is “Pre-emption” the Right Question?

The media are (justifiably) interested in the Bush administration’s (or, if you prefer, the “Bush regime’s”) rushing a bunch of new rules into the Code of Federal Regulations that would “pre-empt” states’ product-liability laws. According to the Wall Street Journal, these rules “could block product-safety lawsuits by consumers and states.” ...
Business & Economics

Freedom more important than climate

Most of us who live here love California — the climate, the views, the beaches, the mountains, the opportunities, the people. One of the main reasons California Democrats (and, to a lesser extent, California Republicans) have been so aggressive in pushing bad policies is they believe that we won’t leave ...
Business & Economics

Medical Lawsuits Put Health At Risk

On Nov. 3, a day before the election, the U.S. Supreme Court hears Wyeth v. Levine, a case with profound implications for the health of all Americans. In 2000, plaintiff Diane Levine was given Wyeth’s anti-nausea drug Phenergan, then on the market for 45 years. In rare instances, as the ...
Business & Economics

Californians Voting with Their Feet

The state government’s stifling economic policies are worsening the downturn and driving citizens elsewhere. With the implosion of its storied investment banks and the future of Wall Street in doubt, New York will suffer the effects of the financial crisis more acutely than many states. But the crisis reaches epicenters ...
Business & Economics

Mayors join I-LAW in fight against lawsuit abuse

Marion Mayor Robert Butler and West Frankfort Mayor Marion Presley joined other mayors from throughout Southern Illinois in recognizing the work of Illinois Lawsuit Abuse Watch(I-LAW). Travis Akin, Executive Director of I-LAW, cited a recent report from the Harris Company that ranked Illinois 46th out of all 50 states for ...
Business & Economics

Cheer Up: There’s a Silver Lining for Tech

Chipmaker Intel (Nasdaq: INTC) said this week that despite its record US$10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech ...
Business & Economics

Upper Midwest: Land of economically free

The Republicans held their convention in St. Paul this summer, but the real news from the Upper Midwest is the region’s renaissance in economic freedom, led by South Dakota. The Mount Rushmore State is number one among all 50 states in economic freedom, according to the recently released 2008 U.S. ...
Business & Economics

If We Can’t Get Price Transparency, Let’s Try Calorie Transparency

Who knows why Governor Schwarzenegger signed SB-1420, a silly law that requires chain restaurants (a.k.a. fast-food joints) to post calorie-counts of their burgers, fries, and shakes on the menu-boards. Maybe sign-makers lobbied for it? I doubt it: Governor Schwarzenegger is a huge supporter of the nanny-state when it comes to ...
Business & Economics

Blatant Contradictions From Larry Kudlow

I have always liked Larry Kudlow. When I was growing up as a budding free marketeer, there was a natural disaster (I don’t remember which one) and everyone was calling for the president (must have been Reagan) to disburse disaster assistance for rebuilding. I didn’t like that answer, but I ...
Business & Economics

Sacramento sellout

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Gov. Schwarzenegger and the Legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
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