Business & Economics

Business & Economics

Fitzgerald to become Illinois chief justice

SPRINGFIELD, Ill. (Legal Newsline)-Thomas Fitzgerald will serve as the next chief justice of the Illinois Supreme Court, but will have little effect on the state’s so-called judicial hellholes, a leading tort reformer told Legal Newsline. Fitzgerald, a Chicago Democrat, will serve as the chief courts officer for a state that ...
Business & Economics

How Net Neutrality Could Sabotage Healthcare Tech

At last week’s UCLA Technology & Aging Conference, representatives from Intel (Nasdaq: INTC) , Microsoft (Nasdaq: MSFT) , Qualcomm (Nasdaq: QCOM) , Toyota and other big-name firms discussed how technology is reshaping lifestyles for older individuals. However, important policy implications directly connected to these new tools went unspoken. RFID (radio ...
Business & Economics

Lotto i rettssalen – Jackpot Justice

VIMENN.NO (Oslo, Norway), May 14, 2008 Årlig anlegger amerikanerne over 20 millioner sivile rettssaker. Halvparten av disse totalt meningsløse. Her er et knippe mildt sagt spesielle søksmål. Årlig anlegger amerikanerne 20 millioner sivile rettssaker. Historien om 79 år gamle Stella Liebeck er blitt en klassiker og har gjort henne til ...
Business & Economics

California Budget Revision Proves It: You Can’t Trust the State With Health Care

As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Business & Economics

Limiting lawsuit abuses lowers costs from litigation, creates jobs in long run

The nation is going through difficult economic times, which will prompt calls to “bolster jobs” with “temporary” government spending programs. The best long-term jobs program for America, however, is not more spending we can’t afford. If we want results, we need meaningful legal reform. University of California-Berkeley economist Lisa Kimmel ...
Business & Economics

Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California

The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
Business & Economics

WBYS 1560-AM News for 5/13/2008

(Washington D.C.) — A new report by the Pacific Research Institute — a California think tank — compares the legal climates of all 50 states. According to this year’s U.S. Tort Liability Index, Florida ranked the worst in terms of tort costs, while North Dakota ranked the best. But the ...
Business & Economics

Flat state income tax shows promise

San Jose Mercury News (CA), May 12, 2008 Flat state income tax shows promise How can anyone disagree with the Pacific Research Institute’s report (Opinion, May 9) that a flat state income tax (3 percent) would be simpler, more fair and much less subject to cheating than our current, complicated ...
Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics

Designing the Market’s Mechanisms

LAST YEAR, THREE AMERICANS WON THE NOBEL MEMORIAL PRIZE in Economics for laying the foundations of “mechanism design” theory. The work of Leonid Hurwicz, Roger Myerson and Eric Maskin was cited for its help in implementing efficient voting, trading and regulatory schemes. In the laureates’ terms, a mechanism is a ...
Business & Economics

Fitzgerald to become Illinois chief justice

SPRINGFIELD, Ill. (Legal Newsline)-Thomas Fitzgerald will serve as the next chief justice of the Illinois Supreme Court, but will have little effect on the state’s so-called judicial hellholes, a leading tort reformer told Legal Newsline. Fitzgerald, a Chicago Democrat, will serve as the chief courts officer for a state that ...
Business & Economics

How Net Neutrality Could Sabotage Healthcare Tech

At last week’s UCLA Technology & Aging Conference, representatives from Intel (Nasdaq: INTC) , Microsoft (Nasdaq: MSFT) , Qualcomm (Nasdaq: QCOM) , Toyota and other big-name firms discussed how technology is reshaping lifestyles for older individuals. However, important policy implications directly connected to these new tools went unspoken. RFID (radio ...
Business & Economics

Lotto i rettssalen – Jackpot Justice

VIMENN.NO (Oslo, Norway), May 14, 2008 Årlig anlegger amerikanerne over 20 millioner sivile rettssaker. Halvparten av disse totalt meningsløse. Her er et knippe mildt sagt spesielle søksmål. Årlig anlegger amerikanerne 20 millioner sivile rettssaker. Historien om 79 år gamle Stella Liebeck er blitt en klassiker og har gjort henne til ...
Business & Economics

California Budget Revision Proves It: You Can’t Trust the State With Health Care

As California struggles to get control of its budget deficit, Governor Schwarzenegger (who as recently as January collaborated with Democrats to almost wrangle a $15 billion health care tax and spending increase through the legislature) has been forced to propose cutting $2 billion (5 percent) from the state budget for ...
Business & Economics

Limiting lawsuit abuses lowers costs from litigation, creates jobs in long run

The nation is going through difficult economic times, which will prompt calls to “bolster jobs” with “temporary” government spending programs. The best long-term jobs program for America, however, is not more spending we can’t afford. If we want results, we need meaningful legal reform. University of California-Berkeley economist Lisa Kimmel ...
Business & Economics

Ending the Revenue Rollercoaster – The Benefits of a Three Percent Flat Income Tax for California

The PRI flat-tax plan for California will greatly simplify the current tax code. It will completely eliminate the alternative minimum tax, as well as estate, inheritance, and gift taxes. It will also revamp the convoluted, loophole-ridden corporate and personal income-tax codes with a simple flat rate of 3 percent on ...
Business & Economics

WBYS 1560-AM News for 5/13/2008

(Washington D.C.) — A new report by the Pacific Research Institute — a California think tank — compares the legal climates of all 50 states. According to this year’s U.S. Tort Liability Index, Florida ranked the worst in terms of tort costs, while North Dakota ranked the best. But the ...
Business & Economics

Flat state income tax shows promise

San Jose Mercury News (CA), May 12, 2008 Flat state income tax shows promise How can anyone disagree with the Pacific Research Institute’s report (Opinion, May 9) that a flat state income tax (3 percent) would be simpler, more fair and much less subject to cheating than our current, complicated ...
Business & Economics

New speaker’s agenda

SACRAMENTO — Assembly Speaker-elect Karen Bass, D-Los Angeles, sounds as if she wants to continue the good working relationship with Gov. Arnold Schwarzenegger forged by outgoing Speaker Fabian Nunez, also a Los Angeles Democrat. Bass, who takes office Tuesday, said at a news conference today that Schwarzenegger has talked to ...
Business & Economics

Designing the Market’s Mechanisms

LAST YEAR, THREE AMERICANS WON THE NOBEL MEMORIAL PRIZE in Economics for laying the foundations of “mechanism design” theory. The work of Leonid Hurwicz, Roger Myerson and Eric Maskin was cited for its help in implementing efficient voting, trading and regulatory schemes. In the laureates’ terms, a mechanism is a ...
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