Business & Economics

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

California’s lawmakers seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, regulate and tax the Internet. A recent survey of the Silicon Valley’s economy reveals that policy makers should study and replicate this unique ...

An outlook on the U.S. economy, with Lyle Gramley, fmr. Federal Reserve Governor; Lee Hoskins, Pacific Research Institute Sr. Fellow; Wayne Angell, fmr. Federal Reserve Gov.; and CNBC’s Larry Kudlow.