The Competitive Enterprise Institute Daily Update
1. HEALTH
The World Health Organization advises greater use of the insecticide DDT to prevent malaria deaths in developing nations.
CEI Expert Available to Comment: Adjunct Analyst Steven Milloy on why DDT is a ‘weapon of mass survival’ for millions around the world:
“The U.S. Government has finally begun to reverse policy on the insecticide DDT. Let’s hope that this policy shift represents the beginning of the end of what can only be called a crime against humanity: the decades-old withholding of the world’s most effective anti-malarial weapon from billions of adults and children at risk of dying from the disease.”
2. BUSINESS
Top business schools are recruiting ever-younger candidates.
CEI Expert Available to Comment: Regulatory Policy Analyst Isaac Post on how business schools are incorporating courses on business ethics and corporate social responsibility into MBA programs:
“Over the past few years, and in reaction to high-profile corporate scandals, many MBA programs have added additional courses on business ethics and corporate social responsibility (CSR). But for people outside of the universities, the content of these courses remains obscure. What are future corporate managers being taught under the heading of ‘business ethics’? In what context are students instructed on their “social responsibilities” as businessmen and women? Is a good dose of Milton Friedman all that is required or is there a need for something more?”
3. FINANCE
The House Financial Services Committee prepares for a hearing on the fourth anniversary of passage of the Sarbanes-Oxley corporate accounting regulations.
CEI Expert Available to Comment: Center for Entrepreneurship Director John Berlau and Vice President for Policy Wayne Crews on Sarbanes-Oxley’s unintended consequences:
“Members of Congress, both Republican and Democrat, now say that Sarbanes-Oxley can be unduly burdensome on business. The law that, in the wake of an accounting panic, sailed through Congress in 2002 with few dissenting votes is now coming under scrutiny for its unintended consequences.”
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