Business & Economics

Business & Economics

U.S. Tort Liability Index: 2008 Report

The U.S. Tort Liability Index: 2008 Report measures the best and worst tort systems in America. The Pacific Research Institute developed the Index as a tool for governors and state legislators to assess their tort systems and to enact laws that will improve the business climates of their states. The ...
Business & Economics

Pacific Research Institute Releases 2008 State-By-State Ranking of the Best and Worst Tort Systems in America

San Francisco (Marach 11) – Today, the Pacific Research Institute released its report comparing the legal climates of all 50 states. According to the U.S. Tort Liability Index: 2008 Report, Florida ranked the worst in terms of tort costs and litigation risks, while North Dakota ranked the best. In a ...
Business & Economics

Town leaders knew of rising trash fees

Americans pay a “tort tax” of $865 billion a year, according to last year’s estimate by the Pacific Research Institute. This figure represents money taken out of the economy via awards, settlements, lawsuit-avoidance tactics and price inflation of products and services provided by litigation-prone industries. The scholarship is challenging, but ...
Business & Economics

On Those Oil Profits

When it comes to public hatred of big business, there’s no better target than oil companies. This hatred has been all the more intense since Exxon Mobil announced last year’s net income at $40.6 billion, the largest-ever profit for a publicly-traded company. With the threat of recession looming, many policymakers ...
Business & Economics

There’s Gold in That Net: Golden State’s Legislators Could Let Special Interests Mine the Internet

On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Business & Economics

Making the Mortgage Mess Worse

Recently the Bush administration unveiled a plan for homeowners facing foreclosure to receive a 30-day reprieve from their creditors. This might come as welcome news in Sacramento where a jaw-dropping 46 percent of December sales were foreclosed homes. Unfortunately, the latest plan-as well as earlier government ideas to freeze rate ...
Business & Economics

Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26

Letter to the Editor Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26 Stall needs a history lesson. In 1991, facing an inherited $14.3-billion budget deficit, Wilson and state legislators agreed to raise taxes by $7.2 billion. Politicians assumed that hikes would increase long-run tax revenues, thereby closing the ...
Business & Economics

Impact – February 2008

PRI Ideas in Action – February 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
Business & Economics

A Tribute to William F. Buckley, Jr.

The cause of freedom suffered an irreplaceable loss when National Review founder and intellectual decathlete William F. Buckley passed away at 82 on February 27. Mr. Buckley’s prodigious accomplishments are well known to PRI supporters, and in December, 2000, he teamed with Milton Friedman as keynote speaker for PRI’s gala ...
Business & Economics

Why California’s “Budget Wolf” Has Returned

SACRAMENTO – On February 16, Governor Schwarzenegger approved the California legislature’s plan to deal with the “fiscal emergency” that the governor declared on January 10, two days after he said that the “budget wolf” that California had managed to avoid for two years was now back at the door. The ...
Business & Economics

U.S. Tort Liability Index: 2008 Report

The U.S. Tort Liability Index: 2008 Report measures the best and worst tort systems in America. The Pacific Research Institute developed the Index as a tool for governors and state legislators to assess their tort systems and to enact laws that will improve the business climates of their states. The ...
Business & Economics

Pacific Research Institute Releases 2008 State-By-State Ranking of the Best and Worst Tort Systems in America

San Francisco (Marach 11) – Today, the Pacific Research Institute released its report comparing the legal climates of all 50 states. According to the U.S. Tort Liability Index: 2008 Report, Florida ranked the worst in terms of tort costs and litigation risks, while North Dakota ranked the best. In a ...
Business & Economics

Town leaders knew of rising trash fees

Americans pay a “tort tax” of $865 billion a year, according to last year’s estimate by the Pacific Research Institute. This figure represents money taken out of the economy via awards, settlements, lawsuit-avoidance tactics and price inflation of products and services provided by litigation-prone industries. The scholarship is challenging, but ...
Business & Economics

On Those Oil Profits

When it comes to public hatred of big business, there’s no better target than oil companies. This hatred has been all the more intense since Exxon Mobil announced last year’s net income at $40.6 billion, the largest-ever profit for a publicly-traded company. With the threat of recession looming, many policymakers ...
Business & Economics

There’s Gold in That Net: Golden State’s Legislators Could Let Special Interests Mine the Internet

On February 22, the last day to introduce new legislation in the 2007-2008 session, California’s lawmakers unleashed more than 650 bills. In this barrage, legislators seek to derail one of the state’s thriving industries: the technology sector. This bipartisan agenda targets e-commerce, arming bureaucrats with vast new authority to monitor, ...
Business & Economics

Making the Mortgage Mess Worse

Recently the Bush administration unveiled a plan for homeowners facing foreclosure to receive a 30-day reprieve from their creditors. This might come as welcome news in Sacramento where a jaw-dropping 46 percent of December sales were foreclosed homes. Unfortunately, the latest plan-as well as earlier government ideas to freeze rate ...
Business & Economics

Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26

Letter to the Editor Re: Bill Stall, “Even Reagan Raised Taxes,” Opinion, Feb. 26 Stall needs a history lesson. In 1991, facing an inherited $14.3-billion budget deficit, Wilson and state legislators agreed to raise taxes by $7.2 billion. Politicians assumed that hikes would increase long-run tax revenues, thereby closing the ...
Business & Economics

Impact – February 2008

PRI Ideas in Action – February 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
Business & Economics

A Tribute to William F. Buckley, Jr.

The cause of freedom suffered an irreplaceable loss when National Review founder and intellectual decathlete William F. Buckley passed away at 82 on February 27. Mr. Buckley’s prodigious accomplishments are well known to PRI supporters, and in December, 2000, he teamed with Milton Friedman as keynote speaker for PRI’s gala ...
Business & Economics

Why California’s “Budget Wolf” Has Returned

SACRAMENTO – On February 16, Governor Schwarzenegger approved the California legislature’s plan to deal with the “fiscal emergency” that the governor declared on January 10, two days after he said that the “budget wolf” that California had managed to avoid for two years was now back at the door. The ...
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