Business & Economics
Business & Economics
Card check – U.S. moving in wrong direction
The Employee Free Choice Act (EFCA), a likely hot button for the Obama administration, would fundamentally alter the balance of power in the U.S. labor market and impose enormous costs on workers. Ironically, as America moves to fundamentally change the way unions are certified, other countries, like Canada, are moving ...
Business & Economics
Keep an eye on the Obama administration
The Boston Globe (MA), February 17, 2009 PETER FUNT raises serious privacy concerns about Google’s use of surveillance technologies (“Google is watching,” Op-ed, Feb. 9), but unlike George Orwell’s Big Brother, the Internet giant does not function as an arm of the government. This could soon change, however, if the ...
Commentary
Our View: State’s cure is original cause of ills
Appeal-Democrat (Marysville, CA), February 17, 2009 California’s regulations on health care raise the costs for its citizens Often government tries to fix what’s wrong by imposing more of what caused the problem in the first place. Nowhere is this more apparent than health care. A new analysis by the advocacy ...
Business & Economics
True cost of stimulus? Higher taxes
President Barack Obama is scheduled to place his signature Tuesday on the $787 billion economic stimulus bill. Unfortunately, the cost of debt and future taxes required to finance the stimulus largesse have largely been ignored to date. Putting aside the issues of whether you support a stimulus, whether any stimulus ...
Business & Economics
Don’t hold drugmakers liable for competitors’ generics
The California Supreme Court’s recent decision not to review Conte vs. Wyeth leaves name-brand drug manufacturers liable for harm caused by another manufacturer’s generic version of its drug. This unprecedented and unfair extension of product liability spells bad news for innovators and consumers alike. Plaintiff Elizabeth Conte took a generic ...
Business & Economics
California Supreme Court Decision Quashes Innovation, Threatens Health, and Encourages Costly Lawsuit Abuse
Traditional tort law holds that manufacturers are responsible only for their own products, not those made by competitors. The California Supreme Court changed that in late January by declining to review Conte v. Wyeth, which leaves name-brand drug manufacturers liable for harm caused by another manufacturer’s generic version. This unprecedented ...
Agriculture
Bank Bailout Blues
Undeterred by the failure of the last injection of taxpayer dollars into a bloated banking system, our financial crusaders in DC are scratching their heads over the best way to flush another few hundred billion away. The latest scheme involves the creation of a “bad bank” that would purchase the ...
Business & Economics
Calif.’s Fertility Flap and the Future of Reproductive Tech
The news of octuplets born recently near Los Angeles shocked many people, especially since the mother, Nadya Suleman, apparently already had six children and is reported to be jobless and living with her parents. Such rare stories certainly sell newspapers, but they can also lead to knee-jerk calls for overly ...
Business & Economics
Obama Stimulus Not Necessary, as This Is No Great Depression
Milton Friedman had a rule: Increases or decreases in the money supply take six to nine months to alter economic output and as much as two years to move prices. As the Senate takes up the president’s stimulus package, the administration argues that, to avert another Great Depression, it is ...
Business & Economics
Don’t blame China for U.S. woes
Several Chinese readers have contacted me to express astonishment at the chorus of voices blaming China for the U.S. recession. They wonder: Is this the preamble of a protectionist backlash? There is plenty that China deserves to be bashed for – its political system and its backing of Sudan and ...
Card check – U.S. moving in wrong direction
The Employee Free Choice Act (EFCA), a likely hot button for the Obama administration, would fundamentally alter the balance of power in the U.S. labor market and impose enormous costs on workers. Ironically, as America moves to fundamentally change the way unions are certified, other countries, like Canada, are moving ...
Keep an eye on the Obama administration
The Boston Globe (MA), February 17, 2009 PETER FUNT raises serious privacy concerns about Google’s use of surveillance technologies (“Google is watching,” Op-ed, Feb. 9), but unlike George Orwell’s Big Brother, the Internet giant does not function as an arm of the government. This could soon change, however, if the ...
Our View: State’s cure is original cause of ills
Appeal-Democrat (Marysville, CA), February 17, 2009 California’s regulations on health care raise the costs for its citizens Often government tries to fix what’s wrong by imposing more of what caused the problem in the first place. Nowhere is this more apparent than health care. A new analysis by the advocacy ...
True cost of stimulus? Higher taxes
President Barack Obama is scheduled to place his signature Tuesday on the $787 billion economic stimulus bill. Unfortunately, the cost of debt and future taxes required to finance the stimulus largesse have largely been ignored to date. Putting aside the issues of whether you support a stimulus, whether any stimulus ...
Don’t hold drugmakers liable for competitors’ generics
The California Supreme Court’s recent decision not to review Conte vs. Wyeth leaves name-brand drug manufacturers liable for harm caused by another manufacturer’s generic version of its drug. This unprecedented and unfair extension of product liability spells bad news for innovators and consumers alike. Plaintiff Elizabeth Conte took a generic ...
California Supreme Court Decision Quashes Innovation, Threatens Health, and Encourages Costly Lawsuit Abuse
Traditional tort law holds that manufacturers are responsible only for their own products, not those made by competitors. The California Supreme Court changed that in late January by declining to review Conte v. Wyeth, which leaves name-brand drug manufacturers liable for harm caused by another manufacturer’s generic version. This unprecedented ...
Bank Bailout Blues
Undeterred by the failure of the last injection of taxpayer dollars into a bloated banking system, our financial crusaders in DC are scratching their heads over the best way to flush another few hundred billion away. The latest scheme involves the creation of a “bad bank” that would purchase the ...
Calif.’s Fertility Flap and the Future of Reproductive Tech
The news of octuplets born recently near Los Angeles shocked many people, especially since the mother, Nadya Suleman, apparently already had six children and is reported to be jobless and living with her parents. Such rare stories certainly sell newspapers, but they can also lead to knee-jerk calls for overly ...
Obama Stimulus Not Necessary, as This Is No Great Depression
Milton Friedman had a rule: Increases or decreases in the money supply take six to nine months to alter economic output and as much as two years to move prices. As the Senate takes up the president’s stimulus package, the administration argues that, to avert another Great Depression, it is ...
Don’t blame China for U.S. woes
Several Chinese readers have contacted me to express astonishment at the chorus of voices blaming China for the U.S. recession. They wonder: Is this the preamble of a protectionist backlash? There is plenty that China deserves to be bashed for – its political system and its backing of Sudan and ...
