Economy

Business & Economics

Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson

I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the …

Business & Economics

California’s Economy: Boxer And Krugman Get It Wrong

New York Times columnist Paul Krugman argued in a May 25th column that California’s economic problems are rooted in a dysfunctional government that finds it “extremely hard to raise taxes, even in emergencies.” On May 28, California’s junior Senator, Barbara Boxer made a similar argument on MSNBC’s Morning Joe. Both …

Business & Economics

CNBC News: Fed Backs U.S. Economy

Insight on the Federal Reserve’s ‘build-up the balance sheet’ program, with Art Laffer, Laffer Investments; Lee Hoskins, Pacific Research Institute; and CNBC’s Rick Santelli, Steve Liesman & Larry Kudlow.

Business & Economics

Will Electric Cars Jolt California’s Economy?

With the support of Governor Schwarzenegger, the mayors of San Francisco, Oakland, and San Jose last week announced a $1-billion joint plan to make the Bay Area “the electric-vehicle capital of the world.” The announcement follows President-elect Obama’s pledge to reinvigorate the nation’s economy with millions of “green collar” jobs. …

Business & Economics

Use Special Session to Liberate California Economy

California Republic, November 7, 2008 Inland Valley Daily Bulletin (Ontario, CA), November 13, 2008 SACRAMENTO – Today, one day after a national election, a special California legislative session, called for by Governor Schwarzenegger, begins to deal with this fiscal year’s budget deficit, as high as $10 billion by some estimates. …

Business & Economics

Commentary: Who do you think will be better for the economy: John McCain or Barak Obama?

Cartoonist Scott Adams, he of “Dilbert” fame, was plagued by the same question so, he reports, he commissioned a survey of more than 500 economists, “to find out which candidates for President of the United States would be best for the economy long term,” a release put out by United …

Business & Economics

Tort reform would spark lagging local economy

The Dow Jones industrial average has fallen more than 1,500 points since last year. Bear Stearns has gone belly up. Every week talking heads point to a different blue-chip company supposedly teetering on the brink of financial ruin. It seems as if things couldn’t get worse for Wall Street and …

Business & Economics

California lawmakers must help economy with tort reform

The United States saw 324,000 jobs disappear in the first five months of the year – more evidence of a shaky economy. The news will surely prompt legislation intended to bolster jobs with “temporary” government programs. But the best jobs program for California is not more spending we can’t afford. …

Business & Economics

Report shows lawsuit reforms boost local economy

More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of …

Agriculture

Jump-Starting The Economy

If the presidential candidates are serious about bolstering the economy, they should address one of the major drags on it–widespread abuse of the tort system. The role of the tort system in compensating victims for their injuries is certainly valuable. But meritless plaintiffs and their opportunistic personal-injury attorneys clog the …

Business & Economics

Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson

I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the …

Business & Economics

California’s Economy: Boxer And Krugman Get It Wrong

New York Times columnist Paul Krugman argued in a May 25th column that California’s economic problems are rooted in a dysfunctional government that finds it “extremely hard to raise taxes, even in emergencies.” On May 28, California’s junior Senator, Barbara Boxer made a similar argument on MSNBC’s Morning Joe. Both …

Business & Economics

CNBC News: Fed Backs U.S. Economy

Insight on the Federal Reserve’s ‘build-up the balance sheet’ program, with Art Laffer, Laffer Investments; Lee Hoskins, Pacific Research Institute; and CNBC’s Rick Santelli, Steve Liesman & Larry Kudlow.

Business & Economics

Will Electric Cars Jolt California’s Economy?

With the support of Governor Schwarzenegger, the mayors of San Francisco, Oakland, and San Jose last week announced a $1-billion joint plan to make the Bay Area “the electric-vehicle capital of the world.” The announcement follows President-elect Obama’s pledge to reinvigorate the nation’s economy with millions of “green collar” jobs. …

Business & Economics

Use Special Session to Liberate California Economy

California Republic, November 7, 2008 Inland Valley Daily Bulletin (Ontario, CA), November 13, 2008 SACRAMENTO – Today, one day after a national election, a special California legislative session, called for by Governor Schwarzenegger, begins to deal with this fiscal year’s budget deficit, as high as $10 billion by some estimates. …

Business & Economics

Commentary: Who do you think will be better for the economy: John McCain or Barak Obama?

Cartoonist Scott Adams, he of “Dilbert” fame, was plagued by the same question so, he reports, he commissioned a survey of more than 500 economists, “to find out which candidates for President of the United States would be best for the economy long term,” a release put out by United …

Business & Economics

Tort reform would spark lagging local economy

The Dow Jones industrial average has fallen more than 1,500 points since last year. Bear Stearns has gone belly up. Every week talking heads point to a different blue-chip company supposedly teetering on the brink of financial ruin. It seems as if things couldn’t get worse for Wall Street and …

Business & Economics

California lawmakers must help economy with tort reform

The United States saw 324,000 jobs disappear in the first five months of the year – more evidence of a shaky economy. The news will surely prompt legislation intended to bolster jobs with “temporary” government programs. But the best jobs program for California is not more spending we can’t afford. …

Business & Economics

Report shows lawsuit reforms boost local economy

More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of …

Agriculture

Jump-Starting The Economy

If the presidential candidates are serious about bolstering the economy, they should address one of the major drags on it–widespread abuse of the tort system. The role of the tort system in compensating victims for their injuries is certainly valuable. But meritless plaintiffs and their opportunistic personal-injury attorneys clog the …

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