If we are to emerge from the current economic crisis and return to the prosperity enjoyed by previous generations, the state must implement three dramatic reforms immediately, with particular attention to jobs.
These days, one is hard-pressed to read a newspaper or watch the news without encountering the phrase "too big to fail." The debate over TBTF, as it also is known, completely ignores the one institution that deserves attention when assessing the real risks of TBTF: government.
It is possible to prevent (or limit) the damage from massive oil spills by limiting drilling or by making appropriate investments in blowout prevention and the like. Similarly, it is possible to prevent some of the damage by reducing other economic activity threatened by spills.
I recently spent a week in Haiti helping with reconstruction efforts. I volunteered only as someone with two hands and a lot of Gatorade, but my professional background as an economist allowed me to diagnose some of Haiti’s problems.
In the newly released U.S. Tort Liability Index: 2010 Report, Illinois ranks a dismal 47th out of the 50 states in the quality of its civil-justice tort climate.
Nevada’s economy continues to struggle. Its unemployment rate is 14 percent, the highest in the nation.
If lawmakers want to put people back to work — without costing taxpayers another penny for “stimulus” — they can enact desperately needed lawsuit reform.
The state's Democratic legislators have an inordinate hostility to the free marketplace, as evidenced by their endless push for new business regulations and for higher taxes for corporations and wealthy Californians.
California’s Proposition 14 is the latest fantasy-world reform that some Californians — especially those in the business community — believe will restore the deficit-plagued state to fiscal health by changing the type of legislators elected to office.
