Financial Markets, Internet Ads and Immigration
Federal Reserve Chairman Ben Bernanke sees turmoil in financial markets easing.
New York legislators consider a bill to restrict online advertising.
The Manhattan Institute releases a new study on immigrant assimilation.
1. BUSINESS
Federal Reserve Chairman Ben Bernanke sees turmoil in financial markets easing.
CEI Expert Available to Comment: Senior Fellow Eli Lehrer and Center for Entrepreneurship Director John Berlau on what U.S. markets need:
“America needs a fundamental rethinking of its system of financial regulation that asks questions about what activities properly fall under governmental regulation, which ones might be dealt with through semi-private means, and which ones belong entirely in the hands of the free market.”
2. TECHNOLOGY
New York legislators consider a bill to restrict online advertising.
CEI Expert Available to Comment: Vice President for Policy Wayne Crews and Research Associate Ryan Radia on the what Internet ads provide us with:
“Online ads can be annoying. From pop-ups to flash screens, it’s hard to surf the Web for long without encountering a sales pitch for an unwanted product. A world without these ads might be pleasant, of course, but then who would pay for all the original content websites make available? Advertising explains why we can browse the Internet without pulling out our credit cards at every turn. But New York lawmakers are now considering a bill that would make this scenario a reality, spelling doom for the advertising models that could fuel the Internet’s future.”
3. IMMIGRATION
The Manhattan Institute releases a new study on immigrant assimilation.
CEI Expert Available to Comment: Policy Analyst Alex Nowrasteh on how government policy can shape the immigration experience:
“Could it be that the Federal government’s policy toward immigration has the unintended negative consequence of slowing assimilation? If entire groups of people are legally restrained from using the courts and are constantly afraid of being deported, it makes sense that they will stick to their ethnic and cultural communities. Legalization is the only way to turn recalcitrant illegal immigrants into Americans. On the positive side, assimilation rates for Mexican immigrants since 1995 seems to be increasing, just as other ethnic immigrant groups have done. Despite the government’s best intentions and a few laggards, immigration to the United States is a stunning success.”
Blog feature: For more news and analysis, updated throughout the day, visit CEI’s blog, Open Market.
FOR MORE INFORMATION
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