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Business & Economics PRESS ROOM |
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Labor Daze in Calif.
Submitted on 8.31.2007
When it was established as a federal holiday in 1882, Labor Day was intended to be a day off in appreciation of the American worker. Today, political candidates looking for votes claim to show their appreciation for workers by courting labor unions, giving them grand concessions at a cost to the American public. This Labor Day, it’s worth taking a step back to examine the disproportionate influence labor unions enjoy despite their relatively low membership.
Much ado about individual ethnicity
Submitted by Tibor Machan on 8.27.2007
A young woman asked me the other day to guess her ethnic background. After declining to guess — mainly because I don’t care about such stuff and know even less — she kept pressing me. I finally said, “I guess you may be Turkish,” whereupon she took major offense.
A Better Legal Climate Promotes Prosperity
Submitted by Lawrence J. McQuillan, Ph.D on 8.23.2007
Voters will soon shape their economic future when they go to the polls in quickly approaching primaries. On civil justice, candidates fall into one of two camps: either they believe the legal climate is an integral part of the business climate and lawsuit abuse must be eliminated to be globally competitive; or, they side with personal injury lawyers and deny any problem exists.
Tort Reform stimulates health care across Texas
Submitted by Joe Nixon on 8.21.2007
SAN FRANCISCO - After the Texas Legislature enacted landmark tort reform legislation, it was a matter of time before defenders of the old status quo launched a counterattack.
CNBC News: State of the Economy
Submitted on 8.20.2007
Debating whether the Fed is on the right track, with Lee Hoskins, Pacific Research Institute senior fellow; David Jones, DMJ Advisors CEO and CNBC's Sue Herera
A state open for business – or a state of denial?
Submitted by Steve Cohen on 8.9.2007
The signs that West Virginia's broken legal system needs to be fixed seem to pop up faster than the fireworks explosions at the West Virginia State Fair.
Still too litigious
Submitted on 8.7.2007
At first blush, Connecticut's 24th-place finish in the American Justice Partnership's rankings of tort-law-liability climate would seem to be welcome news.
The Never-Ending Saga of the $54 Million Pants
Submitted on 8.3.2007
As Americans await the next big frivolous lawsuit, Roy Pearson, the D.C. judge who unsuccessfully sued his dry cleaners for $54 million over an alleged lost pair of pants, serves as a reminder of serious flaws in the American civil justice system.
Make a Bad Mortgage: Take the Hit
Submitted by Lawrence J. McQuillan, Ph.D on 8.2.2007
It's never a pretty picture when investments go bad. So it is with so-called "subprime" mortgages made to borrowers with imperfect credit. Losses are mounting and some lenders are looking for a bailout. Government should say no.
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