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Business & Economics PUBLICATIONS Archive
Impact - November 2004
Submitted on 11.30.2004

PRI Ideas in Action - November 2004
Policy Update and Monthly Impact Report

A Flatly Simple Plan
Submitted by Anthony P. Archie on 11.11.2004

SACRAMENTO, CA -Last week, President Bush outlined his agenda for a second term, stating that his goal was to simplify a "complicated and outdated'' tax code. If Bush really wants to make the tax code simpler, he should implement a flat tax.


Costs for Investors of Trading on the the NYSE and NASDAQ
Submitted by Robert J. Shapiro on 11.1.2004

The United States has two major securities markets, the New York Stock Exchange (NYSE) and the NASDAQ Stock Market (NASDAQ), using different trading structures to handle roughly equivalent daily trades of similar value.

The U.S. Economic Freedom Index: 2004 Report
Submitted by Lawrence J. McQuillan, Ph.D, Ying Huang, Robert E. McCormick on 11.1.2004

The U.S. Economic Freedom Index: 2004 Report is an important tool, grounded in rigorous statistical analysis, for measuring how friendly (or unfriendly) each state government is toward free enterprise and consumer choice. By providing a metric of economic freedom, the Index also encourages a discussion in public forums and in state legislatures about each state's level of economic freedom, areas for policy reform, and the consequences of inaction. As the report shows, two effects of limiting economic freedom are that people flee economically oppressive states and residents are made poorer, both outcomes merit further reflection.

U.S. Economic Freedom Index: 2004 Report
Submitted by Lawrence J. McQuillan, Ph.D, Ying Huang, Robert E. McCormick on 11.1.2004

About five years ago several scholars at Clemson University decided to investigate the link, if any, between economic freedom and economic activity in the United States. There was a tried-and-true technique of creating indexes of freedom across countries and across time, but the effort then was the first attempt to examine the impact of economic freedom on life inside the United States.

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