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Business & Economics PRESS ROOM |
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Business Climate Rankings Get Poor Marks in New Study
Submitted by Daniel Hemel on 6.30.2005
Although New York placed dead last among the 50 states in a recent index of "economic freedom," a new report from a University of Iowa economics professor tells Big Apple residents not to worry. In the 89-page study, Peter Fisher argues that state-by-state business climate rankings should be ignored.
Living wage laws offer no panacea
Submitted by George Avalos on 6.30.2005
The latest salvo in the battle over living wage laws suggests the ordinances have unleashed some unintended consequences and produced mixed results.
Villaraigosa Should Worry About the Border
Submitted by Lance T. Izumi, J.D. on 6.22.2005
Although he was endorsed by Richard Riordan, Gov. Arnold Schwarzenegger's education secretary, new Los Angeles Mayor Antonio Villaraigosa has wasted no time in slamming the governor's views on controlling illegal immigration. Villaraigosa recently opined, "Instead of closing the borders, as stated by Schwarzenegger, we should look at our border as an opportunity." What Villaraigosa fails to mention is that many illegal immigrants have used poor border control as an opportunity for crime.
Confusión empresarial
Submitted by Anthony P. Archie on 6.21.2005
JP Morgan Chase, el banco más grande de Estados Unidos, con operaciones en más de 50 países, anunció recientemente que accederá a que grupos de activistas participen en las decisiones sobre la concesión de créditos. El banco recibió muchas alabanzas, pero con ello viola principios básicos del capitalismo, y entre los enemigos del libre mercado ninguno es tan efectivo como aquel que se autodesigna "socialmente responsable".
Another Full-Employment Act For the Lawyers
Submitted by Benjamin Zycher on 6.17.2005
Let us begin with the obvious: Politics is the art of wealth redistribution. And while the meek shall inherit the earth, someday, in the here and now it is Congress that bestows favors and imposes costs as we travel down that not-so-lonesome highway bedecked with signs proclaiming clean air and a myriad other goodies just over the next rise.
What Social Responsibility?
Submitted by Anthony P. Archie on 6.2.2005
JP Morgan Chase, the nation’s largest bank, recently announced that it would give activist groups a say in where the bank lends its money. While this action drew praise, it violates the tenets of capitalism. And among capitalism’s adversaries, perhaps none is more effective than the self-designated “socially responsible” corporation.
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