Commentary

Commentary

School choice can halt high tide of mediocrity

“The educational foundations of our society are presently being eroded by a rising tide of mediocrity that threatens our very future as a nation and a people.” Sound like the education section of a current presidential candidate’s stump speech? It’s actually from the landmark 1983 Department of Education study, “A ...
Business & Economics

Fed Was `Premature’ to Cut Rates, Former Central Banker Says

Jan. 22 (Bloomberg) — The Federal Reserve was too quick to reduce interest rates today in an emergency move after global stock markets tumbled, a former Fed president said. “It strikes me as very premature,” Lee Hoskins, former president of the Cleveland Fed, said in an interview after the central ...
Commentary

Religious leaders make health care a moral issue

NEW BRITAIN — Religious leaders from all corners of New England converged on South Church Tuesday to urge establishment of universal health care. Despite the denominational mix of clergy, all seemed to agree the system is broken and needs to be repaired or replaced. Juan Figueroa, president of the Universal ...
Business & Economics

The Fed Painted Into a Keynesian Corner

Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Commentary

Need Deficit Solutions? Think School Choice

California Republic.org, January 18, 2008 Eureka Reporter, January 18, 2008 Sacramento Union, February 1, 2008 According to Governor Arnold Schwarzenegger, California faces a combined $14 billion budget deficit for this fiscal year and the next. In response, the governor has resorted to conventional remedies such as a 10-percent across-the-board spending ...
Business & Economics

Private efforts result in better problem solving

Often when some unexpected challenge faces a person, someone asks, “What are you going to do about this?” The answer, frequently delivered with casual confidence, tends to be: “I’ll think of something.” No answer and attitude better characterizes how to think about problem solving in a free society. Unlike the ...
Business & Economics

True Hollywood Scandals: The Courtroom Legacy of Anna Nicole Smith with Horace Cooper.

Anna Nicole Smith’s life was a tabloid’s dream. Even though she passed away almost one year ago, her saga lives on in the media through battles ranging from paternity disputes to prescription drug abuse to disputed legal fees. As the 9th Circuit gets ready to take up her case again, ...
Commentary

PRI’s Lance Izumi Named President of the Board of Governors of the California Community Colleges

San Francisco – On Tuesday, January 15, Pacific Research Institute’s director of Education Studies Lance T. Izumi succeeded Kay Albiani as president of the Board of Governors of the California Community Colleges. The Board sets policy and provides guidance for the 72 districts and 109 colleges within the system. It ...
Business & Economics

Amazon Leads La Résistance Against Protectionism

The French Booksellers’ Union launched its case against Amazon in 2004, alleging that the company’s ‘free shipping’ policy constitutes an illegal discount on books. According to a 1981 law designed to protect France’s independent publishers and bookstores, no discount on books can exceed five percent off the publisher’s recommended price. ...
Commentary

Mitt’s Mythical “Mass. Miracle”

Michigan is like the canary in the mine shaft,” Republican White House contender Willard Mitt Romney told voters in Warren Friday. “What happens in Michigan is going to happen to the rest of the country.” He also claims in a campaign commercial, “I understand how the economy works. There’s a ...
Commentary

School choice can halt high tide of mediocrity

“The educational foundations of our society are presently being eroded by a rising tide of mediocrity that threatens our very future as a nation and a people.” Sound like the education section of a current presidential candidate’s stump speech? It’s actually from the landmark 1983 Department of Education study, “A ...
Business & Economics

Fed Was `Premature’ to Cut Rates, Former Central Banker Says

Jan. 22 (Bloomberg) — The Federal Reserve was too quick to reduce interest rates today in an emergency move after global stock markets tumbled, a former Fed president said. “It strikes me as very premature,” Lee Hoskins, former president of the Cleveland Fed, said in an interview after the central ...
Commentary

Religious leaders make health care a moral issue

NEW BRITAIN — Religious leaders from all corners of New England converged on South Church Tuesday to urge establishment of universal health care. Despite the denominational mix of clergy, all seemed to agree the system is broken and needs to be repaired or replaced. Juan Figueroa, president of the Universal ...
Business & Economics

The Fed Painted Into a Keynesian Corner

Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Commentary

Need Deficit Solutions? Think School Choice

California Republic.org, January 18, 2008 Eureka Reporter, January 18, 2008 Sacramento Union, February 1, 2008 According to Governor Arnold Schwarzenegger, California faces a combined $14 billion budget deficit for this fiscal year and the next. In response, the governor has resorted to conventional remedies such as a 10-percent across-the-board spending ...
Business & Economics

Private efforts result in better problem solving

Often when some unexpected challenge faces a person, someone asks, “What are you going to do about this?” The answer, frequently delivered with casual confidence, tends to be: “I’ll think of something.” No answer and attitude better characterizes how to think about problem solving in a free society. Unlike the ...
Business & Economics

True Hollywood Scandals: The Courtroom Legacy of Anna Nicole Smith with Horace Cooper.

Anna Nicole Smith’s life was a tabloid’s dream. Even though she passed away almost one year ago, her saga lives on in the media through battles ranging from paternity disputes to prescription drug abuse to disputed legal fees. As the 9th Circuit gets ready to take up her case again, ...
Commentary

PRI’s Lance Izumi Named President of the Board of Governors of the California Community Colleges

San Francisco – On Tuesday, January 15, Pacific Research Institute’s director of Education Studies Lance T. Izumi succeeded Kay Albiani as president of the Board of Governors of the California Community Colleges. The Board sets policy and provides guidance for the 72 districts and 109 colleges within the system. It ...
Business & Economics

Amazon Leads La Résistance Against Protectionism

The French Booksellers’ Union launched its case against Amazon in 2004, alleging that the company’s ‘free shipping’ policy constitutes an illegal discount on books. According to a 1981 law designed to protect France’s independent publishers and bookstores, no discount on books can exceed five percent off the publisher’s recommended price. ...
Commentary

Mitt’s Mythical “Mass. Miracle”

Michigan is like the canary in the mine shaft,” Republican White House contender Willard Mitt Romney told voters in Warren Friday. “What happens in Michigan is going to happen to the rest of the country.” He also claims in a campaign commercial, “I understand how the economy works. There’s a ...
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