Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Lawrence J. McQuillan: The United States Of America Now Has Less Economic Freedom Than Chile, Jordan, Or Taiwan
The verdict on hope and change is in. Today the Fraser Institute in Vancouver, Canada, released the 2015 Economic Freedom of the World Report (pdf) and it’s bad news for the United States, where economic freedom is falling. The U.S. ranks only 16th in economic freedom trailing Chile, Jordan, and Taiwan. The EFW Report measures the level ... MORE
John Stossel: Cutting Red Tape
Regulation strangulation. I'm upset that the presidential candidates, all of them, rarely mention a huge problem: the quiet cancer that kills opportunity — regulation. The accumulated burden of it is the reason that America is stuck in the slowest economic recovery since the Depression. I understand why candidates don't talk about it: Regulation is ... MORE
Labels:
business,
capitalism,
economics,
government,
innovation,
red tape,
regulation,
restrictions,
rules
Walter E Williams: The Struggle For Economic Liberty
The war against Uber, Lyft and consumers. Where public utility commissions decide who will have the right to go into the taxi business, a prospective entrant must apply for a "certificate of public convenience and necessity." Lawyers for the incumbent taxi owners, most often corporate owners or owner associations, appear at the hearing to argue that ... MORE
Labels:
business,
competition,
cronyism,
economics,
licensing,
regulation,
restrictions,
rules,
taxicab
John Stossel: Breaking The Rules
Innovators are the true public servants. Humans need rules. Rules make life more predictable. But when the rules multiply, the world needs some rule-breakers. The creator of the underground website Silk Road, Ross Ulbricht, was sentenced to life in prison for creating an online space that allowed people to use bitcoins to buy and sell things. ... MORE
Labels:
achievement,
advertising,
business,
drug war,
innovation,
inspiration,
market,
transportation
More Unemployment Ahead As Minimum-Wage Offensive Will Likely Speed Arrival Of Robot-Powered Restaurants
by Lydia DePillis. Crowded. That’s how Ed Rensi remembers what life was like working at McDonald’s in 1966. There were about double the number of people working in the store — 70 or 80, as opposed to the 30 or 40 there today — because preparing the food just took a lot more doing. “When I first started at McDonald’s making 85 cents an ... MORE
Labels:
automation,
business,
economics,
incentives,
labor,
minimum wage,
price controls,
regulation
Kristie Eshelman: Big Government Is Hurting Millennials
Is political greed gobbling up America's future? USA Today recently pointed out: One in seven young people neither works nor goes to school. This group of Americans is roughly the size of Minnesota's population. And today, the Bureau of Labor Statistics released its job numbers report. While the youth unemployment rate is down ... MORE
Labels:
business,
economics,
government,
incentives,
opportunity,
politicians,
spending,
unemployment
Stephen Moore: Five Myths About Capital Gains Taxes
Hillary's economic wrecking ball. The late, great Jack Kemp, an architect of the Reagan tax cuts, used to say, "Without capital, capitalism is just another ism." Capital is the plants, the machinery, the computers and trucks that businesses invest in to become productive and efficient providers of goods and services. So it's strange that last ... MORE
Labels:
business,
capital gains,
capitalism,
economics,
Hillary Clinton,
incentives,
inflation,
invest,
tax
Pragmatism Is Impractical In The Long Run
by Jaana Woiceshyn. Pragmatism—compromising principles to achieve goals—is prevalent not just among politicians (think of President Obama’s nuclear deal with Iran). It is also a common hazard among business people, many of whom think that to succeed in business you have to compromise principles. It’s OK to compromise honesty and fake a little, ... MORE
Labels:
business,
choice,
foreign policy,
goals,
incentives,
morality,
philosophy,
politicians,
principles
Costs From Regulations Pile Up, Hurt Small Business Profits
by Joyce M. Rosenberg. Govt's war on capitalism. It's getting more expensive to be an employer and small business owners say that's making it harder for them to make money. The health care law, minimum wage
increases and paid sick leave laws in some states and cities are
increasing costs. Small companies also face the prospect of higher
overtime ... MORE
Starbucks Announces New Effort To Break Law
by Roger Clegg. A plan to adopt racial hiring practices. According to the Wall Street Journal, “Starbucks Corp. is
teaming up with more than a dozen companies in a commitment to increase
hiring of young, minority workers over the next three years.” It’s
unclear from the article exactly how race and ethnicity are to be used
in the hiring process. ... MORE
Fast Food Restaurant Responds To Minimum Wage Hike
by Kaitlyn Schallhorn. Some raise prices, others layoff workers. As San Francisco is set to raise its minimum wage to $15 over the next few years, Chipotle raised the price of its food. According to Investors Business Daily, Chipotle in San Francisco raised its prices as much as 14.4 percent as the Golden Gate City raised its minimum wage by 14 percent. ... MORE
John Stossel: Heroes, Villains
The real heroes of society. Have you seen the new Jurassic Park movie, "Jurassic World?" It had the biggest opening of any movie in history. The movie tells how a reckless biotech company releases dinosaurs that kill its customers. Its tale of heroes vs. villains made me think about how America has changed since our independence, the anniversary of ... MORE
Libertarians Are Pro-Market, Not Pro-Business
by David S. D'Amato. Big difference. There is a popular narrative that treats pro-market and pro-business essentially as synonyms, thus seeing the most libertarian-leaning candidates as those most favored by major corporate interests. The idea is that big business both desires and benefits from an environment of total laissez faire, of cutthroat ... MORE
George Will: The 'Progressive' Burger Company
Social responsibility is a poor substitute for taste. In January, McDonald’s said kale would never replace lettuce on its burgers. In May, however, it said it will test kale in a breakfast meal. Kale might or might not cause construction workers to turn at 6 a.m. into McDonald’s. McDonald’s also says its milk will soon be without artificial ... MORE
New York Democrats Begin To Realize Minimum Wage Means Maximum Unemployment For Low-Skill Workers
by Novell Rose. It is not about politics, it is about math. It happened in Seattle — pay goes up, business goes down. As Western Journalism reported about the city’s $15-per-hour minimum wage law, an article in Seattle Magazine raised the red flag about the red ink a number of local restaurants would be facing because of the increasing labor ... MORE
Labels:
business,
economics,
incentives,
jobs,
low-skill workers,
minimum wage,
politics,
unemployment
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