Business & Economics
Business & Economics
Scapegoating corporations is bad economics
Sen. Barack Obama has consistently exhibited a pronounced hostility to corporations. Such rhetoric, while politically useful, raises questions about his understanding of economics and his ability to lead on serious economic issues. Obama railed against Senator McCain’s plan to reduce corporate income tax rates. The Illinois senator deployed all the ...
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 ...
Scapegoating corporations is bad economics
Sen. Barack Obama has consistently exhibited a pronounced hostility to corporations. Such rhetoric, while politically useful, raises questions about his understanding of economics and his ability to lead on serious economic issues. Obama railed against Senator McCain’s plan to reduce corporate income tax rates. The Illinois senator deployed all the ...
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.” ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
