Unemployment
Environment
Business Flight?
One such environmental policy under question is the Global Warming Solutions Act (AB32) which was signed into law in 2006. The law attempts to reduce greenhouse gas emissions through a cap and trade program. The Global Warming Solutions Act is the largest piece of environmental legislation in California history and ...
Business & Economics
Has California finally hit the wall?
In a recent interview with Jason Clemens, Economist and Director of Research for the Pacific Research Institute, he explained that California’s budget problems are not really about taxes or the costs of illegal immigration. PRI is near completion of a large detailed study on California’s prosperity, or the lack thereof, ...
Business & Economics
The Real Lessons of the Great Depression
Since late 2007, more and more commentators have drawn parallels between our current financial crisis and the Great Depression. Nobel laureates and presidential advisorsDownload PDF confidently proclaim that it was Herbert Hoover’s laissez-faire penny pinching that exacerbated the Depression, and that the American economy was saved only when FDR boldly ...
Business & Economics
Prop. 1A’s passage would open doors to more taxation
In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
Business & Economics
The Sizzle of Economic Freedom and the Fizzle of Minnesota
Most Minnesotans don’t realize what restrictions on their economic freedom are costing them. If they realized the benefits that would flow to them with more economic freedom, they would be beating down the doors of the legislature demanding not just a stop to proposed government curtailment of their right to ...
Business & Economics
Obama’s radical economic remake promises gloomy future
President Barack Obama’s budget plan illustrates the degree to which he wants to reconstruct the U.S. economy. So radical are the changes of Obamanomics, and so at odds with historical experience, that the next few months may very well decide the economic future of the United States for a generation. ...
Business & Economics
Consider the evidence, not rhetoric, on proposed ‘card check’ legislation
The Employee Free Choice Act, which represents fundamental reform of labor laws, is ostensibly dead – for now. It will soon re-emerge because it remains a priority for unions and many Democrats. For average workers, however, it constitutes a real problem. “Card check,” as the legislation is known, would eliminate ...
Agriculture
The ‘credit crunch’: another Great Depression?
In the first part of his essay on the 1930s and today, Sean Collins puts the case for going beyond Keynesianism and monetarism and the obsession with finance to look at the deeper structural problems of capitalism. Last month Christina Romer, chair of the Obama administration’s Council of Economic Advisers, ...
Business & Economics
Blame it on the followers of Keynes
As the United States, Canada and other countries unleash trillions of dollars of economic stimulus packages on the world’s teetering financial system, it may be helpful to recall that the last time governments tried to “fix” the economy with mountains of borrowed money, it ended up making the problem worse. ...
Commentary
When America becomes Obamaland
There is one certainty about the shape of things to come if President Barack Obama wins approval of his extraordinarily ambitious proposals to remake America: We won’t recognize our country when he’s finished. Perhaps the most prominent feature of Obamaland will be long lines, starting with the unemployment offices, thanks ...
Business Flight?
One such environmental policy under question is the Global Warming Solutions Act (AB32) which was signed into law in 2006. The law attempts to reduce greenhouse gas emissions through a cap and trade program. The Global Warming Solutions Act is the largest piece of environmental legislation in California history and ...
Has California finally hit the wall?
In a recent interview with Jason Clemens, Economist and Director of Research for the Pacific Research Institute, he explained that California’s budget problems are not really about taxes or the costs of illegal immigration. PRI is near completion of a large detailed study on California’s prosperity, or the lack thereof, ...
The Real Lessons of the Great Depression
Since late 2007, more and more commentators have drawn parallels between our current financial crisis and the Great Depression. Nobel laureates and presidential advisorsDownload PDF confidently proclaim that it was Herbert Hoover’s laissez-faire penny pinching that exacerbated the Depression, and that the American economy was saved only when FDR boldly ...
Prop. 1A’s passage would open doors to more taxation
In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
The Sizzle of Economic Freedom and the Fizzle of Minnesota
Most Minnesotans don’t realize what restrictions on their economic freedom are costing them. If they realized the benefits that would flow to them with more economic freedom, they would be beating down the doors of the legislature demanding not just a stop to proposed government curtailment of their right to ...
Obama’s radical economic remake promises gloomy future
President Barack Obama’s budget plan illustrates the degree to which he wants to reconstruct the U.S. economy. So radical are the changes of Obamanomics, and so at odds with historical experience, that the next few months may very well decide the economic future of the United States for a generation. ...
Consider the evidence, not rhetoric, on proposed ‘card check’ legislation
The Employee Free Choice Act, which represents fundamental reform of labor laws, is ostensibly dead – for now. It will soon re-emerge because it remains a priority for unions and many Democrats. For average workers, however, it constitutes a real problem. “Card check,” as the legislation is known, would eliminate ...
The ‘credit crunch’: another Great Depression?
In the first part of his essay on the 1930s and today, Sean Collins puts the case for going beyond Keynesianism and monetarism and the obsession with finance to look at the deeper structural problems of capitalism. Last month Christina Romer, chair of the Obama administration’s Council of Economic Advisers, ...
Blame it on the followers of Keynes
As the United States, Canada and other countries unleash trillions of dollars of economic stimulus packages on the world’s teetering financial system, it may be helpful to recall that the last time governments tried to “fix” the economy with mountains of borrowed money, it ended up making the problem worse. ...
When America becomes Obamaland
There is one certainty about the shape of things to come if President Barack Obama wins approval of his extraordinarily ambitious proposals to remake America: We won’t recognize our country when he’s finished. Perhaps the most prominent feature of Obamaland will be long lines, starting with the unemployment offices, thanks ...
