Business & Economics

Business & Economics

Redefining Presidential Failure As Success

While success still has many fathers, failure is no longer an orphan. President Obama’s recent speeches and rallies demonstrate that, now, failure is simply redefined as success. The costs from this revisionism is high. Creating false narratives encourage policies that will harm economic prosperity and impose large economic hardships on ...
Business & Economics

Latest report cites need for reform of job-killing occupational licensing regulations

By Bethany Blankley The latest report calling for occupational licensing reforms joins others in saying that strict licensing requirements cost millions of jobs, billions of dollars in economic costs, and reduced overall GDP . . . “All too often, the licensing requirements are an obstacle for qualified professionals to compete ...
Blog

Meat the Next Sin Tax

If your holiday meals include filet mignon, rack of lamb, roast pork, or even charcuterie, you might want to reach for a second helping while you can still afford it. That’s because Oxford University researchers are proposing a tax on meat.  Their goal is to “save you” from cancer, heart ...
Business & Economics

The Bizarre World of Drug Pricing

There is no shortage of bad ideas when it comes to the pharmaceutical market. One such proposal would allow drugs to be imported directly from other countries, such as Canada. Then there is the Trump Administration’s proposal that would effectively adopt foreign price controls on Medicare Part B drugs by ...
Blog

Tax Reform Making a Difference in Increasing Opportunity for All Americans

In the early 21st century, American fiscal policy must balance and prioritize two fundamental goals. First, we need to create the best possible environment for investment and innovation, setting the stage for another century of unparalleled prosperity. Second, we need to ensure that the largest possible number of Americans, from ...
Business & Economics

New Medicare Price Controls Don’t Put America First

Health and Human Services Secretary Alex Azar just released a sweeping proposal that would drastically change how Medicare pays for advanced cancer therapies and other potent medicines. The plan relies on foreign price controls to reduce drug spending by $17 billion over five years. Although drug spending may decline, as ...
Business & Economics

The Law of Unintended Consequences: The Case of Proxy Advisory Firms

The SEC requires all institutional investors to vote on all matters put forth in proxy statements, or the measures voted on during shareholder meetings. For most institutional investors, keeping up with all of these issues is not feasible, so they turn to proxy advisory firms. Proxy advisory firms help institutional ...
Blog

PRI Calls for Reform to Disclose Proxy Advisory Firm Biases in Activist Investment Push

Argues That SEC Should Ensure Shareholder Interests Are Top Priority in Investment Decisions SAN FRANCISCO – Policy reforms should be enacted to ensure that proxy advisory firms promote fund managers’ fiduciary responsibilities to shareholders and increase transparency over the firms’ biases and conflicts of interest, the Pacific Research Institute argued ...
Blog

Los Amazon? Not.

It’s official. Amazon has announced plans to establish its second headquarters in New York in the Long Island City neighborhood of Queens and Crystal City, Virginia, which is just outside Washington, D.C. I first wrote about Amazon’s search in a blog back when several California cities were vying for HQ2, ...
Blog

More Election Woes: Tax Hikes to Save Pensions

In some excellent reporting by Chris Reed of CalWatchdog, Reed found that more than 100 local governments in California asked voters for tax hikes on Election Day, double the 56 the Bond Buyer said it recorded in November 2016. These 100+ measures were on top of the 36 city and ...
Business & Economics

Redefining Presidential Failure As Success

While success still has many fathers, failure is no longer an orphan. President Obama’s recent speeches and rallies demonstrate that, now, failure is simply redefined as success. The costs from this revisionism is high. Creating false narratives encourage policies that will harm economic prosperity and impose large economic hardships on ...
Business & Economics

Latest report cites need for reform of job-killing occupational licensing regulations

By Bethany Blankley The latest report calling for occupational licensing reforms joins others in saying that strict licensing requirements cost millions of jobs, billions of dollars in economic costs, and reduced overall GDP . . . “All too often, the licensing requirements are an obstacle for qualified professionals to compete ...
Blog

Meat the Next Sin Tax

If your holiday meals include filet mignon, rack of lamb, roast pork, or even charcuterie, you might want to reach for a second helping while you can still afford it. That’s because Oxford University researchers are proposing a tax on meat.  Their goal is to “save you” from cancer, heart ...
Business & Economics

The Bizarre World of Drug Pricing

There is no shortage of bad ideas when it comes to the pharmaceutical market. One such proposal would allow drugs to be imported directly from other countries, such as Canada. Then there is the Trump Administration’s proposal that would effectively adopt foreign price controls on Medicare Part B drugs by ...
Blog

Tax Reform Making a Difference in Increasing Opportunity for All Americans

In the early 21st century, American fiscal policy must balance and prioritize two fundamental goals. First, we need to create the best possible environment for investment and innovation, setting the stage for another century of unparalleled prosperity. Second, we need to ensure that the largest possible number of Americans, from ...
Business & Economics

New Medicare Price Controls Don’t Put America First

Health and Human Services Secretary Alex Azar just released a sweeping proposal that would drastically change how Medicare pays for advanced cancer therapies and other potent medicines. The plan relies on foreign price controls to reduce drug spending by $17 billion over five years. Although drug spending may decline, as ...
Business & Economics

The Law of Unintended Consequences: The Case of Proxy Advisory Firms

The SEC requires all institutional investors to vote on all matters put forth in proxy statements, or the measures voted on during shareholder meetings. For most institutional investors, keeping up with all of these issues is not feasible, so they turn to proxy advisory firms. Proxy advisory firms help institutional ...
Blog

PRI Calls for Reform to Disclose Proxy Advisory Firm Biases in Activist Investment Push

Argues That SEC Should Ensure Shareholder Interests Are Top Priority in Investment Decisions SAN FRANCISCO – Policy reforms should be enacted to ensure that proxy advisory firms promote fund managers’ fiduciary responsibilities to shareholders and increase transparency over the firms’ biases and conflicts of interest, the Pacific Research Institute argued ...
Blog

Los Amazon? Not.

It’s official. Amazon has announced plans to establish its second headquarters in New York in the Long Island City neighborhood of Queens and Crystal City, Virginia, which is just outside Washington, D.C. I first wrote about Amazon’s search in a blog back when several California cities were vying for HQ2, ...
Blog

More Election Woes: Tax Hikes to Save Pensions

In some excellent reporting by Chris Reed of CalWatchdog, Reed found that more than 100 local governments in California asked voters for tax hikes on Election Day, double the 56 the Bond Buyer said it recorded in November 2016. These 100+ measures were on top of the 36 city and ...
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