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Watermelon Season
Capital Ideas
By: K. Lloyd Billingsley
5.23.2002
Last year on May 19, 2001, it was 99 degrees here. This year, May 19 logged in at a high of 67, a drop of 32 degrees, a difference one might call significant. But, as in the case of recent coldest-ever winters, no one rushed into print with a piece about what this 32-degree plunge meant for global warming, a concept that is driving bad legislation in California’s capital.
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An Economic View of the Enron Memos
Capital Ideas
By: Lance T. Izumi, J.D.
5.20.2002
Memos showing that Enron used manipulative strategies during last year’s California energy crisis have caused a furor. The incentives and opportunities for Enron to use such strategies, however, were created by California’s government-regulated electricity market.
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Capitol Crack-up
Capital Ideas
By: K. Lloyd Billingsley
5.8.2002
Back in the 1980s, the CIA had a problem. The spy agency needed a covert way to finance its anti-communist war in Central America. So the CIA devised a scheme to flood America’s inner cities with crack cocaine, using the proceeds they got from poor African Americans to bankroll their illegal war.
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Why Innovation is Better for Women than Litigation
By: Sally C. Pipes
5.6.2002
Those adjudicating the seemingly endless antitrust case against Microsoft have had plenty to consider in the various charges, countercharges, rulings, and settlements. Those who must rule on the case, and those writing about it, now have more on their plate because some observers see this as a women’s issue. And these are more than casual observers.
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Preventing Identity Theft: A Letter to Businesses
ePolicy
By: Marc Loewenthal
5.1.2002
Identity fraud is a serious problem for individuals but it is really business that should be concerned. Businesses pay the price for fraudulent transactions done in a customer's name. Therefore they need to keep customers' personal information secure and confidential while preserving the flexibility necessary to run a profitable operation. Fortunately, the solutions are at hand.
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Medicare Price-Fixing Comes Home to Roost
Health Policy Prescriptions
By: Chris Middleton
5.1.2002
The big story concerning Medicare has been the 5.4 percent reduction in physician fees that took effect January 1. The cuts represent the culmination of a ten-year price-fixing experiment on physicians. Medicare officials are estimating that physician fees will continue to be cut through 2005
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Gasping at Straws, Redux
Capital Ideas
By: Steven F. Hayward, Ph.D
5.1.2002
Back in January the Foundation for Clean Air Progress conducted a poll that found that two-thirds of Americans believe that air quality in the U.S. has deteriorated over the last decade. This is a huge misperception. According to the EPA, the number of “exceedences” of the EPA threshold for “unhealthful air” in American cities fell by nearly 50 percent over the last decade, as reported in the most recent edition of PRI’s Index of Leading Environmental Indicators.
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