California

Business & Economics

Don’t blame China for U.S. woes

Several Chinese readers have contacted me to express astonishment at the chorus of voices blaming China for the U.S. recession. They wonder: Is this the preamble of a protectionist backlash? There is plenty that China deserves to be bashed for – its political system and its backing of Sudan and ...
Business & Economics

The Fine Whine of California

Shortly after the national election last year, the UC Davis Graduate School of Management called a press conference at the Sacramento campus to announce their fourth UC Davis Study of California Women Business Leaders. This sounds interesting but there’s less here than meets the eye. As it turns out, UC ...
Business & Economics

“Do You Austrians Have a Better Idea?”

A lot of people get annoyed with Austrian economists because they tend to be so dogmatic (we prefer the term consistent) and because they cloak their strictly economic claims with self-righteousness (we prefer the term morality). After a good Austrian bashing of the latest call to steal taxpayer money and ...
Commentary

Charge health insurance equally

January President Barack Obama and his new health czar, former U.S. Sen. Tom Daschle, have promised big changes for our health care system. In a number of states, though, many of their government-heavy ideas have already been tried — and failed. Paramount among the proposed changes are “guaranteed issue” and ...
Commentary

Our View: Despite qualms of some, universal health care becoming a reality

When Juan Figueroa, president of Meriden-based Universal Health Care Foundation, introduced “SustiNet” two weeks ago the response was, for the most part, enthusiastic. And why shouldn’t it be? Foundation officials said that if implemented over a five-year timeline, SustiNet would save households and businesses a combined total of $1.75 billion ...
Commentary

Overhauling health care could boost the economy

There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
California

Free(ing) Health Insurance in California?

State senator Sam Aanestad is still rolling out good health-care legislation in the Golden State. A few months ago, he introduced a bill that would improve California’s high-risk pool for health insurance, by allowing its beneficiaries to buy low-premium, consumer-driven policies, and allow different premiums for smokers and the obese ...
Commentary

The Unseen Culprits in America’s Financial Crisis

To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...
Business & Economics

Dumping Waste Board Will Help California’s Tech Sector

Facing a projected $40-billion budget shortfall, Governor Schwarzenegger last week proposed eliminating a redundant state board that has become a symbol of cronyism and inefficiency in Sacramento. Unlike most boards and commissions, which offer a stipend of $100 per meeting, the six members of the California Integrated Waste Management Board ...
Business & Economics

Taxpayer stimulus: Failures help sectors recalibrate

The sages at the National Bureau of Economic Research have finally concluded what many Americans have known for months: The United States is in a recession. Several prominent economists have recommended vast government spending as a cure. In the December issue of the New York Review of Books, Nobel Laureate ...
Business & Economics

Don’t blame China for U.S. woes

Several Chinese readers have contacted me to express astonishment at the chorus of voices blaming China for the U.S. recession. They wonder: Is this the preamble of a protectionist backlash? There is plenty that China deserves to be bashed for – its political system and its backing of Sudan and ...
Business & Economics

The Fine Whine of California

Shortly after the national election last year, the UC Davis Graduate School of Management called a press conference at the Sacramento campus to announce their fourth UC Davis Study of California Women Business Leaders. This sounds interesting but there’s less here than meets the eye. As it turns out, UC ...
Business & Economics

“Do You Austrians Have a Better Idea?”

A lot of people get annoyed with Austrian economists because they tend to be so dogmatic (we prefer the term consistent) and because they cloak their strictly economic claims with self-righteousness (we prefer the term morality). After a good Austrian bashing of the latest call to steal taxpayer money and ...
Commentary

Charge health insurance equally

January President Barack Obama and his new health czar, former U.S. Sen. Tom Daschle, have promised big changes for our health care system. In a number of states, though, many of their government-heavy ideas have already been tried — and failed. Paramount among the proposed changes are “guaranteed issue” and ...
Commentary

Our View: Despite qualms of some, universal health care becoming a reality

When Juan Figueroa, president of Meriden-based Universal Health Care Foundation, introduced “SustiNet” two weeks ago the response was, for the most part, enthusiastic. And why shouldn’t it be? Foundation officials said that if implemented over a five-year timeline, SustiNet would save households and businesses a combined total of $1.75 billion ...
Commentary

Overhauling health care could boost the economy

There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
California

Free(ing) Health Insurance in California?

State senator Sam Aanestad is still rolling out good health-care legislation in the Golden State. A few months ago, he introduced a bill that would improve California’s high-risk pool for health insurance, by allowing its beneficiaries to buy low-premium, consumer-driven policies, and allow different premiums for smokers and the obese ...
Commentary

The Unseen Culprits in America’s Financial Crisis

To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...
Business & Economics

Dumping Waste Board Will Help California’s Tech Sector

Facing a projected $40-billion budget shortfall, Governor Schwarzenegger last week proposed eliminating a redundant state board that has become a symbol of cronyism and inefficiency in Sacramento. Unlike most boards and commissions, which offer a stipend of $100 per meeting, the six members of the California Integrated Waste Management Board ...
Business & Economics

Taxpayer stimulus: Failures help sectors recalibrate

The sages at the National Bureau of Economic Research have finally concluded what many Americans have known for months: The United States is in a recession. Several prominent economists have recommended vast government spending as a cure. In the December issue of the New York Review of Books, Nobel Laureate ...
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