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Today’s Links: June 26, 2012
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The Growing Threat of a PBGC Bailout
Everyone hates a bailout. Or at least that's what everyone says, until circumstances force some business leaders to seek them and politicians to grant them…
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Will New GASB Rules End States’ Fuzzy Pension Math?
Today, the Governmental Accounting Standards Board (GASB) voted to approve new government accounting standards that will provide a clearer picture of the liabilities taxpayers across the…
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Globalization Has Been Happening for a Long Time
Our innate tendency to truck and barter, as Adam Smith put it, is very strong indeed.
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Supreme Court Limits Arizona’s Anti-Immigration Law
The Supreme Court has struck down portions of Arizona’s SB 1070 — the controversial immigration law that targets undocumented migrant workers. The Court ruled that…
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Supreme Court Strikes Down Mandatory Life Sentences Without Parole for Teenagers, But Does Not Cite “International Norms”
The Supreme Court has just ruled 5-to-4 that states cannot mandate life sentences without the possibility of parole for murderers under age 18, no matter…