Business & Economics

Business & Economics

The North Carolina Business Court Is A “Model For the Nation”

North Carolina’s Business Court is a “model for the nation,” according to Directorship Magazine’s Annual Guide to State Litigation. In addition to complimenting the Business Court, the Annual Guide gave North Carolina’s litigation climate a green light, indicating that the “state’s liability climate encourages growth and job creation.” It gave ...
Business & Economics

Turning POTS into PANS

The California Public Utilities Commission on Tuesday proposed relaxing 13-year-old price caps on basic telephone service. Yielding to the demands of public interest groups, regulators currently force telecommunications companies to offer the cheapest basic rates in the nation. Yet, if artificially low prices are necessary to protect consumer welfare, why ...
Business & Economics

Letters: The Tort War, Unresolved

To the Editor: To the Trenches: The Tort War Is Raging On (June 22, 2008) Re “To the Trenches: The Tort War Is Raging On” (June 22): One area of particular concern, especially in this election year, is torts’ impact on health care. Fears of malpractice lawsuits prompt many doctors ...
Business & Economics

Politicians Tell Big Oil How to Make Billions

When it comes to vilifying big evil corporations, the accusations made about oil companies never disappoint. The latest controversy centers on whether the government should allow more drilling for oil and natural gas on federal lands. A widely cited report (pdf) from the congressional Committee of Natural Resources gives all ...
Business & Economics

Illinois the ‘Lawsuit Capital of the Midwest’

The evidence is overwhelming. There simply is no denying Illinois’ reputation as the “Lawsuit Capital of the Midwest.” Just in the past few months, several nationwide studies have been released and have confirmed Illinois’ status as a magnet for lawsuits. One report from the U.S. Chamber of Commerce ranks Illinois ...
Business & Economics

Baker, Kritzer, & Vidmar on Jackpot Justice

Tom Baker (Connecticut/Penn), Herbert Kritzer (William Mitchell), and Neil Vidmar (Duke) have posted Jackpot Justice and the American Tort System: Thinking Beyond Junk Science on SSRN. Here is the abstract: In 2007 the Pacific Research Institute released a report, “Jackpot Justice: The True Cost of America’s Tort System,” that is ...
Business & Economics

America’s special principles spread around world now

America began as a country founded on special, radical principles. More importantly, these principles are true – they aren’t merely myths or superstitions men and women held for a period of time. That we all have basic rights to our lives, liberty, etc., is true and not just some fiction. ...
Business & Economics

Turning POTS into PANS: California Regulators Slam the Phone on Price Controls

The California Public Utilities Commission on Tuesday proposed relaxing 13-year old price caps on basic phone service. Yielding to the demands of public interest groups, regulators currently force telecommunications companies to offer the cheapest basic rates in the nation. But if artificially low prices are necessary to protect consumer welfare, ...
Business & Economics

Scottsdale Loses Its Municipal Wi-Fi Network

Info Tech & Telecom News (The Heartland Institute), July 1, 2008 The provision of citywide wireless Internet service in Scottsdale, Arizona has come to an abrupt end a mere two years after launch. Wildfire Broadband, the primary Internet service provider (ISP), has closed its doors, leaving business and individual users ...
Business & Economics

Texas and Tort Lawsuits

The American Justice Partnership and Pacific Research Institute’s U.S. Tort Liability Index for 2006 acknowledges the positive economic results of lawsuit reform in Texas. Texas became known as the world’s courtroom, when the state’s judicial system was inflicted with frivolous lawsuits and exorbitant jury awards, during the 1980’s. But the ...
Business & Economics

The North Carolina Business Court Is A “Model For the Nation”

North Carolina’s Business Court is a “model for the nation,” according to Directorship Magazine’s Annual Guide to State Litigation. In addition to complimenting the Business Court, the Annual Guide gave North Carolina’s litigation climate a green light, indicating that the “state’s liability climate encourages growth and job creation.” It gave ...
Business & Economics

Turning POTS into PANS

The California Public Utilities Commission on Tuesday proposed relaxing 13-year-old price caps on basic telephone service. Yielding to the demands of public interest groups, regulators currently force telecommunications companies to offer the cheapest basic rates in the nation. Yet, if artificially low prices are necessary to protect consumer welfare, why ...
Business & Economics

Letters: The Tort War, Unresolved

To the Editor: To the Trenches: The Tort War Is Raging On (June 22, 2008) Re “To the Trenches: The Tort War Is Raging On” (June 22): One area of particular concern, especially in this election year, is torts’ impact on health care. Fears of malpractice lawsuits prompt many doctors ...
Business & Economics

Politicians Tell Big Oil How to Make Billions

When it comes to vilifying big evil corporations, the accusations made about oil companies never disappoint. The latest controversy centers on whether the government should allow more drilling for oil and natural gas on federal lands. A widely cited report (pdf) from the congressional Committee of Natural Resources gives all ...
Business & Economics

Illinois the ‘Lawsuit Capital of the Midwest’

The evidence is overwhelming. There simply is no denying Illinois’ reputation as the “Lawsuit Capital of the Midwest.” Just in the past few months, several nationwide studies have been released and have confirmed Illinois’ status as a magnet for lawsuits. One report from the U.S. Chamber of Commerce ranks Illinois ...
Business & Economics

Baker, Kritzer, & Vidmar on Jackpot Justice

Tom Baker (Connecticut/Penn), Herbert Kritzer (William Mitchell), and Neil Vidmar (Duke) have posted Jackpot Justice and the American Tort System: Thinking Beyond Junk Science on SSRN. Here is the abstract: In 2007 the Pacific Research Institute released a report, “Jackpot Justice: The True Cost of America’s Tort System,” that is ...
Business & Economics

America’s special principles spread around world now

America began as a country founded on special, radical principles. More importantly, these principles are true – they aren’t merely myths or superstitions men and women held for a period of time. That we all have basic rights to our lives, liberty, etc., is true and not just some fiction. ...
Business & Economics

Turning POTS into PANS: California Regulators Slam the Phone on Price Controls

The California Public Utilities Commission on Tuesday proposed relaxing 13-year old price caps on basic phone service. Yielding to the demands of public interest groups, regulators currently force telecommunications companies to offer the cheapest basic rates in the nation. But if artificially low prices are necessary to protect consumer welfare, ...
Business & Economics

Scottsdale Loses Its Municipal Wi-Fi Network

Info Tech & Telecom News (The Heartland Institute), July 1, 2008 The provision of citywide wireless Internet service in Scottsdale, Arizona has come to an abrupt end a mere two years after launch. Wildfire Broadband, the primary Internet service provider (ISP), has closed its doors, leaving business and individual users ...
Business & Economics

Texas and Tort Lawsuits

The American Justice Partnership and Pacific Research Institute’s U.S. Tort Liability Index for 2006 acknowledges the positive economic results of lawsuit reform in Texas. Texas became known as the world’s courtroom, when the state’s judicial system was inflicted with frivolous lawsuits and exorbitant jury awards, during the 1980’s. But the ...
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