Business & Economics

Business & Economics

A Strike Against Labor

If one were looking to make a statement about fiscal prudence in the $3.3 billion budget for the University of California system, wiping out a single $5.4 million research program probably wouldn’t be how you’d do it. Which suggests that, despite his remarks to the contrary, there was probably another ...
Business & Economics

A Lesson both Modern and Ancient for the Tax Commission

Now that the legislative session is over and Speaker Karen Bass is contemplating her commission on taxation, I want to recommend a piece in the September 25th Sacramento Bee by Jason Clemens of the Pacific Research Institute. Clemens, a Canadian, tells the tale of how Canada’s left leaning political party ...
Business & Economics

Glenn Beck: Problem solved! Not

GLENN: We fixed the banking problem. STU: Friday banking crisis solved, right? GLENN: Yes. STU: So California, today California problem. Tomorrow, California bailout. GLENN: Solved. STU: Wednesday, California solved. Why don’t we just pass bailouts for everything, then everything would be solved. GLENN: I love this idea. May I tell ...
Business & Economics

Let Entrepreneurs Fix the Problem Government Made

As the financial crisis intensifies, we hear ever more claims that emergency times justify government measures unthinkable a mere 14 months ago. Even some libertarians, who would cry foul if a third world dictator nationalized an industry, are calling for the government to take equity positions in major financial institutions. ...
Blackouts

Network Theory Can Explain US Credit Crunch

The financial crisis currently consuming the U.S. has led tech industry leaders, such as Microsoft’s (Nasdaq: MSFT) Steve Ballmer, to speak out in favor of quick Congressional action. Tech stocks, as well as general stocks, have plummeted, and there is confusion over why this crisis is happening and spreading so ...
Business & Economics

Study: region’s business regs are worst

San Francisco, Calif. — The Pacific Research Institute, a free-market think tank based in California, has released the ‘U.S. Economic Freedom Index 2008 Report,’ a ranking of economic freedom in the 50 states. Published in association with Forbes, the index scored states based on 143 variables, including regulatory and fiscal ...
Business & Economics

Tort Reform is Needed to Refill the Nation’s Medicine Chest

AFTER EIGHT DECADES IN NEW JERSEY, drugmaker Hoffmann-La Roche recently announced plans to move its headquarters, transferring many high-paying jobs to another state. This is more evidence of a shrinking pharmaceutical industry in the Garden State—once known as“the nation’s medicine chest.”One reason for the exodus is the state’s poor tort ...
Business & Economics

Economic Freedom in America: What is Economic Freedom?

All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ...
Business & Economics

Impact – September 2008

PRI Ideas in Action – September 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions. Read PDF
Blackouts

The Credit Crunch is a Network Failure

Dr. John Rutledge Blog, September 30, 2008 My friend Sonia Arrison, the technology wizard at Pacific Research Institute, asked me to give her my current thinking about how to analyze the current credit crunch as a cascading network failure, a subject I wrote about in Chapters 6 and 7 of ...
Business & Economics

A Strike Against Labor

If one were looking to make a statement about fiscal prudence in the $3.3 billion budget for the University of California system, wiping out a single $5.4 million research program probably wouldn’t be how you’d do it. Which suggests that, despite his remarks to the contrary, there was probably another ...
Business & Economics

A Lesson both Modern and Ancient for the Tax Commission

Now that the legislative session is over and Speaker Karen Bass is contemplating her commission on taxation, I want to recommend a piece in the September 25th Sacramento Bee by Jason Clemens of the Pacific Research Institute. Clemens, a Canadian, tells the tale of how Canada’s left leaning political party ...
Business & Economics

Glenn Beck: Problem solved! Not

GLENN: We fixed the banking problem. STU: Friday banking crisis solved, right? GLENN: Yes. STU: So California, today California problem. Tomorrow, California bailout. GLENN: Solved. STU: Wednesday, California solved. Why don’t we just pass bailouts for everything, then everything would be solved. GLENN: I love this idea. May I tell ...
Business & Economics

Let Entrepreneurs Fix the Problem Government Made

As the financial crisis intensifies, we hear ever more claims that emergency times justify government measures unthinkable a mere 14 months ago. Even some libertarians, who would cry foul if a third world dictator nationalized an industry, are calling for the government to take equity positions in major financial institutions. ...
Blackouts

Network Theory Can Explain US Credit Crunch

The financial crisis currently consuming the U.S. has led tech industry leaders, such as Microsoft’s (Nasdaq: MSFT) Steve Ballmer, to speak out in favor of quick Congressional action. Tech stocks, as well as general stocks, have plummeted, and there is confusion over why this crisis is happening and spreading so ...
Business & Economics

Study: region’s business regs are worst

San Francisco, Calif. — The Pacific Research Institute, a free-market think tank based in California, has released the ‘U.S. Economic Freedom Index 2008 Report,’ a ranking of economic freedom in the 50 states. Published in association with Forbes, the index scored states based on 143 variables, including regulatory and fiscal ...
Business & Economics

Tort Reform is Needed to Refill the Nation’s Medicine Chest

AFTER EIGHT DECADES IN NEW JERSEY, drugmaker Hoffmann-La Roche recently announced plans to move its headquarters, transferring many high-paying jobs to another state. This is more evidence of a shrinking pharmaceutical industry in the Garden State—once known as“the nation’s medicine chest.”One reason for the exodus is the state’s poor tort ...
Business & Economics

Economic Freedom in America: What is Economic Freedom?

All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ...
Business & Economics

Impact – September 2008

PRI Ideas in Action – September 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions. Read PDF
Blackouts

The Credit Crunch is a Network Failure

Dr. John Rutledge Blog, September 30, 2008 My friend Sonia Arrison, the technology wizard at Pacific Research Institute, asked me to give her my current thinking about how to analyze the current credit crunch as a cascading network failure, a subject I wrote about in Chapters 6 and 7 of ...
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