Business & Economics

Business & Economics

Alaska’s Tort Gold Rush Stalls: Eli Lilly Shakedown Stumbles

Back in 2006, Alaska’s Attorney-General (like many others) decided he could mine some gold from a successful drug company: in this case, Eli Lilly & Co. Zyprexa, a successful psychiatric drug from Lilly, has also been associated with the side effect of obesity. Alaska alleged that Lilly was slow to ...
Business & Economics

CNBC TV – Discussing the Fed

CNBC Kudlow and Company, March 28, 2008 Lee Hoskins, former Federal Reserve Bank president and PRI senior fellow participated in this panel discussion with CNBC’s Larry Kudlow.
Business & Economics

We aren’t the world

BLUE IN THE FACE we have preached ourselves over the years arguing that punitive damages are a multifaceted disgrace. Lo, now comes an ally: the world. Or at least most of it. Many European courts simply refuse to uphold punitive-damage judgments returned by U.S. juries against their nationals and companies, ...
Business & Economics

What ‘net neutrality’ really means to consumers

WASHINGTON- In the past, when government has attempted to regulate networks, the result has been less choice, less innovation and more corruption. In the telecommunications industry, such regulations were so damaging that a second wave of regulations was devised to undo the damage caused by the first. Despite this historical ...
Business & Economics

Pacific Research Institute Releases Study on Wireless “Net Neutrality”

San Francisco (March 26) – Today, the Pacific Research Institute (PRI), a free-market think tank based in California, released its report Wireless with Strings Attached: Net Neutrality and the Grounding of Wireless Innovation. The report shows how “net neutrality” legislation harms the consumer, stifles innovation, and risks destroying a competitive ...
Business & Economics

Researcher Rebukes Wireless ‘Net Neutrality’ Advocates

The attempt to force network neutrality on wireless carriers will result in disaster and is based on faulty assumptions, including one that there ever was neutrality on the Internet, according to a newly released analysis from the Pacific Research Institute (PRI). In what is essentially an upbraiding of emerging FCC ...
Business & Economics

Trial Lawyers Say Recent Study Proves Tort Reform Doesn’t Work

A new study on tort reform by a business-backed institute “proves tort reform does not work,” according to the association for the nation’s trial lawyers. American Association for Justice CEO Jon Haber, representing trial lawyers, said the state rankings recently released by Pacific Research Institute (PRI) show there is no ...
Business & Economics

Wireless with Strings Attached: Net Neutrality and the Grounding of Wireless Innovation

In the digital age, Americans are more “connected” than ever before. The Internet and mobile devices serve as powerful platforms for real-time interaction. Thanks to the commercial potential of these technologies, the marketplace has been flooded with creative new businesses and tools. The rapid growth of these technologies, however, has ...
Business & Economics

Illinois is a lawsuit magnet

Every day we seem to be inundated with yet even more grim economic news. With the nation’s economy apparently teetering, Illinois is in the uncomfortable position of facing the possibility of a recession without the luxury of ever fully recovering from the last one. From 2001 to 2006, the United ...
Business & Economics

Tech Market of the Future: The Brain

The Alzheimer’s Association recently reported that one out of eight baby boomers is expected to get Alzheimer’s disease, creating a total of 10 million victims. This staggering prediction underscores the need for brain health and augmentation, a new market that tech players are fortunately beginning to enter. Just as it ...
Business & Economics

Alaska’s Tort Gold Rush Stalls: Eli Lilly Shakedown Stumbles

Back in 2006, Alaska’s Attorney-General (like many others) decided he could mine some gold from a successful drug company: in this case, Eli Lilly & Co. Zyprexa, a successful psychiatric drug from Lilly, has also been associated with the side effect of obesity. Alaska alleged that Lilly was slow to ...
Business & Economics

CNBC TV – Discussing the Fed

CNBC Kudlow and Company, March 28, 2008 Lee Hoskins, former Federal Reserve Bank president and PRI senior fellow participated in this panel discussion with CNBC’s Larry Kudlow.
Business & Economics

We aren’t the world

BLUE IN THE FACE we have preached ourselves over the years arguing that punitive damages are a multifaceted disgrace. Lo, now comes an ally: the world. Or at least most of it. Many European courts simply refuse to uphold punitive-damage judgments returned by U.S. juries against their nationals and companies, ...
Business & Economics

What ‘net neutrality’ really means to consumers

WASHINGTON- In the past, when government has attempted to regulate networks, the result has been less choice, less innovation and more corruption. In the telecommunications industry, such regulations were so damaging that a second wave of regulations was devised to undo the damage caused by the first. Despite this historical ...
Business & Economics

Pacific Research Institute Releases Study on Wireless “Net Neutrality”

San Francisco (March 26) – Today, the Pacific Research Institute (PRI), a free-market think tank based in California, released its report Wireless with Strings Attached: Net Neutrality and the Grounding of Wireless Innovation. The report shows how “net neutrality” legislation harms the consumer, stifles innovation, and risks destroying a competitive ...
Business & Economics

Researcher Rebukes Wireless ‘Net Neutrality’ Advocates

The attempt to force network neutrality on wireless carriers will result in disaster and is based on faulty assumptions, including one that there ever was neutrality on the Internet, according to a newly released analysis from the Pacific Research Institute (PRI). In what is essentially an upbraiding of emerging FCC ...
Business & Economics

Trial Lawyers Say Recent Study Proves Tort Reform Doesn’t Work

A new study on tort reform by a business-backed institute “proves tort reform does not work,” according to the association for the nation’s trial lawyers. American Association for Justice CEO Jon Haber, representing trial lawyers, said the state rankings recently released by Pacific Research Institute (PRI) show there is no ...
Business & Economics

Wireless with Strings Attached: Net Neutrality and the Grounding of Wireless Innovation

In the digital age, Americans are more “connected” than ever before. The Internet and mobile devices serve as powerful platforms for real-time interaction. Thanks to the commercial potential of these technologies, the marketplace has been flooded with creative new businesses and tools. The rapid growth of these technologies, however, has ...
Business & Economics

Illinois is a lawsuit magnet

Every day we seem to be inundated with yet even more grim economic news. With the nation’s economy apparently teetering, Illinois is in the uncomfortable position of facing the possibility of a recession without the luxury of ever fully recovering from the last one. From 2001 to 2006, the United ...
Business & Economics

Tech Market of the Future: The Brain

The Alzheimer’s Association recently reported that one out of eight baby boomers is expected to get Alzheimer’s disease, creating a total of 10 million victims. This staggering prediction underscores the need for brain health and augmentation, a new market that tech players are fortunately beginning to enter. Just as it ...
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