Business & Economics

Business & Economics

Californians Voting with Their Feet

The state government’s stifling economic policies are worsening the downturn and driving citizens elsewhere. With the implosion of its storied investment banks and the future of Wall Street in doubt, New York will suffer the effects of the financial crisis more acutely than many states. But the crisis reaches epicenters ...
Business & Economics

Mayors join I-LAW in fight against lawsuit abuse

Marion Mayor Robert Butler and West Frankfort Mayor Marion Presley joined other mayors from throughout Southern Illinois in recognizing the work of Illinois Lawsuit Abuse Watch(I-LAW). Travis Akin, Executive Director of I-LAW, cited a recent report from the Harris Company that ranked Illinois 46th out of all 50 states for ...
Business & Economics

Cheer Up: There’s a Silver Lining for Tech

Chipmaker Intel (Nasdaq: INTC) said this week that despite its record US$10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech ...
Business & Economics

Upper Midwest: Land of economically free

The Republicans held their convention in St. Paul this summer, but the real news from the Upper Midwest is the region’s renaissance in economic freedom, led by South Dakota. The Mount Rushmore State is number one among all 50 states in economic freedom, according to the recently released 2008 U.S. ...
Business & Economics

If We Can’t Get Price Transparency, Let’s Try Calorie Transparency

Who knows why Governor Schwarzenegger signed SB-1420, a silly law that requires chain restaurants (a.k.a. fast-food joints) to post calorie-counts of their burgers, fries, and shakes on the menu-boards. Maybe sign-makers lobbied for it? I doubt it: Governor Schwarzenegger is a huge supporter of the nanny-state when it comes to ...
Business & Economics

Blatant Contradictions From Larry Kudlow

I have always liked Larry Kudlow. When I was growing up as a budding free marketeer, there was a natural disaster (I don’t remember which one) and everyone was calling for the president (must have been Reagan) to disburse disaster assistance for rebuilding. I didn’t like that answer, but I ...
Business & Economics

Sacramento sellout

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Gov. Schwarzenegger and the Legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
Business & Economics

Northeast policies oppress enterprise

THE RESULTS ARE IN, and for residents of America’s Northeast, the news is not good. With the notable exception of New Hampshire, the nine states of the Northeast continue to be the worst places for economic freedom. According to the 2008 U.S. Economic Freedom Index from the Pacific Research Institute, ...
Business & Economics

Sacramento Sell-Out: Even the Laws Have a Price

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Governor Schwarzenegger and the legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
Business & Economics

Riding the Revenue Rollercoaster

After a record impasse, the sages of Sacramento have finally agreed on a budget for California, a $144-billion bonanza with unprecedented general fund spending but without structural reform in the state’s finances. The boom-bust revenue rollercoaster is still in place, and Californians can expect a bigger budget crisis in a ...
Business & Economics

Californians Voting with Their Feet

The state government’s stifling economic policies are worsening the downturn and driving citizens elsewhere. With the implosion of its storied investment banks and the future of Wall Street in doubt, New York will suffer the effects of the financial crisis more acutely than many states. But the crisis reaches epicenters ...
Business & Economics

Mayors join I-LAW in fight against lawsuit abuse

Marion Mayor Robert Butler and West Frankfort Mayor Marion Presley joined other mayors from throughout Southern Illinois in recognizing the work of Illinois Lawsuit Abuse Watch(I-LAW). Travis Akin, Executive Director of I-LAW, cited a recent report from the Harris Company that ranked Illinois 46th out of all 50 states for ...
Business & Economics

Cheer Up: There’s a Silver Lining for Tech

Chipmaker Intel (Nasdaq: INTC) said this week that despite its record US$10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech ...
Business & Economics

Upper Midwest: Land of economically free

The Republicans held their convention in St. Paul this summer, but the real news from the Upper Midwest is the region’s renaissance in economic freedom, led by South Dakota. The Mount Rushmore State is number one among all 50 states in economic freedom, according to the recently released 2008 U.S. ...
Business & Economics

If We Can’t Get Price Transparency, Let’s Try Calorie Transparency

Who knows why Governor Schwarzenegger signed SB-1420, a silly law that requires chain restaurants (a.k.a. fast-food joints) to post calorie-counts of their burgers, fries, and shakes on the menu-boards. Maybe sign-makers lobbied for it? I doubt it: Governor Schwarzenegger is a huge supporter of the nanny-state when it comes to ...
Business & Economics

Blatant Contradictions From Larry Kudlow

I have always liked Larry Kudlow. When I was growing up as a budding free marketeer, there was a natural disaster (I don’t remember which one) and everyone was calling for the president (must have been Reagan) to disburse disaster assistance for rebuilding. I didn’t like that answer, but I ...
Business & Economics

Sacramento sellout

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Gov. Schwarzenegger and the Legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
Business & Economics

Northeast policies oppress enterprise

THE RESULTS ARE IN, and for residents of America’s Northeast, the news is not good. With the notable exception of New Hampshire, the nine states of the Northeast continue to be the worst places for economic freedom. According to the 2008 U.S. Economic Freedom Index from the Pacific Research Institute, ...
Business & Economics

Sacramento Sell-Out: Even the Laws Have a Price

Only two weeks after lawmakers in Sacramento passed a budget, the state is already in the red. As Governor Schwarzenegger and the legislature debate more spending cuts and accounting tricks, another solution may be right in front of them: more laws. In California, government owns the laws and forces people ...
Business & Economics

Riding the Revenue Rollercoaster

After a record impasse, the sages of Sacramento have finally agreed on a budget for California, a $144-billion bonanza with unprecedented general fund spending but without structural reform in the state’s finances. The boom-bust revenue rollercoaster is still in place, and Californians can expect a bigger budget crisis in a ...
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