Business & Economics

Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics

Designing the Market’s Mechanisms

LAST YEAR, THREE AMERICANS WON THE NOBEL MEMORIAL PRIZE in Economics for laying the foundations of “mechanism design” theory. The work of Leonid Hurwicz, Roger Myerson and Eric Maskin was cited for its help in implementing efficient voting, trading and regulatory schemes. In the laureates’ terms, a mechanism is a ...
Business & Economics

How a flat income tax can help California

Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics

Mississippi’s Tort Reform Triumph

For most of the past 30 years, Mississippi has ranked as one of the poorest as well as one of the most litigious states. The two statistics are related. I met with Mississippi Gov. Haley Barbour recently, and this politician, best known for helping his state rebuild after Hurricane Katrina ...
Business & Economics

Conservative flat tax idea could serve liberal ends

Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Business & Economics

Excessive regulations a major barrier to business growth

The General Assembly has spent a great deal of time in recent years working on legislation that will help build a stronger business climate in Ohio. In 2005, we passed tax reform, which included a 21 percent income tax cut for Ohio taxpayers; the elimination of the state’s tangible personal ...
Business & Economics

Actions Speak Louder than Words

A Contrarian column, as readers have come to know, is a relatively simple matter of refuting the latest foolishness from militant feminists and socialists, who are often the same people. In that cause, however, I have never attempted anything on the scale of Adam Shepard, author of Scratch Beginnings: Me, ...
Business & Economics

How a Flat Income Tax Can Help California Avoid Fiscal Crises

Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics

Actions Speak Louder than Words: A Case Study

A Contrarian column, as readers have come to know, is a relatively simple matter of refuting the latest foolishness from militant feminists and socialists, who are often the same people. In that cause, however, I have never attempted anything on the scale of Adam Shepard, author of Scratch Beginnings: Me, ...
Business & Economics

Florida Legislature needed to act to stop lawsuit abuse

I realize that our legislators have been working in an uncomfortable climate as they allocate a very limited budget and try to give Floridians a helping hand during this economic slump. Unfortunately, the one thing Floridians can count on is that the “lawsuit tax” — the $880 each Floridian pays ...
Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics

Designing the Market’s Mechanisms

LAST YEAR, THREE AMERICANS WON THE NOBEL MEMORIAL PRIZE in Economics for laying the foundations of “mechanism design” theory. The work of Leonid Hurwicz, Roger Myerson and Eric Maskin was cited for its help in implementing efficient voting, trading and regulatory schemes. In the laureates’ terms, a mechanism is a ...
Business & Economics

How a flat income tax can help California

Californians may have paid their federal and state taxes last month, but the Golden State remains in a fiscal crisis, with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics

Mississippi’s Tort Reform Triumph

For most of the past 30 years, Mississippi has ranked as one of the poorest as well as one of the most litigious states. The two statistics are related. I met with Mississippi Gov. Haley Barbour recently, and this politician, best known for helping his state rebuild after Hurricane Katrina ...
Business & Economics

Conservative flat tax idea could serve liberal ends

Facing a shortfall that Gov. Arnold Schwarzenegger has estimated at $20 billion, Democratic lawmakers in the Capitol are looking for a way to raise tax revenue. They might want to adopt and modify an idea advocated by a conservative think tank – and increase tax revenue while lowering tax rates. ...
Business & Economics

Excessive regulations a major barrier to business growth

The General Assembly has spent a great deal of time in recent years working on legislation that will help build a stronger business climate in Ohio. In 2005, we passed tax reform, which included a 21 percent income tax cut for Ohio taxpayers; the elimination of the state’s tangible personal ...
Business & Economics

Actions Speak Louder than Words

A Contrarian column, as readers have come to know, is a relatively simple matter of refuting the latest foolishness from militant feminists and socialists, who are often the same people. In that cause, however, I have never attempted anything on the scale of Adam Shepard, author of Scratch Beginnings: Me, ...
Business & Economics

How a Flat Income Tax Can Help California Avoid Fiscal Crises

Californians may have paid their federal and state taxes last month but the Golden State remains in a fiscal crisis with a projected 2008-2009 fiscal year budget deficit as high as $20.2 billion, according to the governor’s estimate on April 29. Such budget crunches hit California because of its highly ...
Business & Economics

Actions Speak Louder than Words: A Case Study

A Contrarian column, as readers have come to know, is a relatively simple matter of refuting the latest foolishness from militant feminists and socialists, who are often the same people. In that cause, however, I have never attempted anything on the scale of Adam Shepard, author of Scratch Beginnings: Me, ...
Business & Economics

Florida Legislature needed to act to stop lawsuit abuse

I realize that our legislators have been working in an uncomfortable climate as they allocate a very limited budget and try to give Floridians a helping hand during this economic slump. Unfortunately, the one thing Floridians can count on is that the “lawsuit tax” — the $880 each Floridian pays ...
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