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  • You Want that Social Conscience Expression for Here or to Go?

    October 11, 2006
    One of capitalism's greatest virtues is the wide array of preferences it allows entrepreneurs to cater to—including the preferences of those who claim to disdain capitalism. I noticed just just how wide this week while attending an event on antiwar voters at Washington, D.C.'s Busboys and Poets, a new establishment—combination restaurant, bar, café, and lefty bookstore—that seems to be trying to establish itself as a hub of left-wing activism and networking. Just the place to for bandanna-wearing college kids to unwind after an afternoon of hurling epithets towards the World Bank headquarters? Well, not exactly. The first thing I noticed about the place is how new, sleek, and busy it was. In fact, my first reaction was, “What a successful business!” Of course,...
  • Registering Some Problems With REACH

    October 11, 2006
    The Wall Street Journal reports today that U.S. and European firms were unsuccessful in an attempt to make the proposed chemicals policy in Europe more affordable during committee consideration of the bill in the EU Parliament. But even if business had succeeded in reducing paperwork costs, the policy would still have adverse effects around the world. The program, known as REACH—for the registration, authorization, and evaluation of chemicals—would require companies to register chemicals they produce, import, or use. The paperwork alone will be expensive, but the program is also likely to produce expensive bans and other regulations on many chemicals. Industry has continually tried to make REACH a more reasonable program, but unfortunately they are fighting a losing battle. The problem is that REACH is fundamentally flawed and thus, cannot be fixed. First, REACH attempts to address...
  • Nobel winner – friend of entreprenuers

    October 11, 2006
    John Berlau, head of CEI's Center for Entrepreneurship, hails the contributions of Nobel Prize in Economics recipient Edmund Phelps in an op-ed in Investors Business Daily. According to Berlau, Phelps “celebrates risk-taking by business as essential to growth and prosperity. His writings highlight the folly of recent policies, such as Sarbanes-Oxley, that hobble innovative businesses.”
  • Foley – a friend to “Big Sugar”

    October 11, 2006
    Tim Carney, former Warren Brookes fellow at CEI, takes a look at Mark Foley's political contributions and finds he has been a friend to “Big Sugar.” Carney's Examiner article notes how Foley helped save the sugar quota program early in his Congressional career.
  • Assessing the Content of Google's Character

    October 10, 2006
    To continue the Google-YouTube discussion begun by Peter, take a look at what some /. folks are saying about Google's potential exposure to copyright infringement lawsuits. YouTube, of course, has already signed deals with some very large content companies, and more of the same can be expected now that they've got Google's corporate clout (and cash) on their side. It only takes one company with a valid copyright claim, however, to seriously gum up the works. Hopefully the today's content creators will realize (as our own Jamie Plummer had explained) that the best path to protecting their rights...
  • Google Gets Good Marks as Internet Librarian

    October 6, 2006
    Google raised some doubts (some even from CEI) about copyright protection when they launched Google Library, but now the project is having just the positive effect its backers said it would: increasing book sales. It turns out that making information easier to find means people will seek out more of it. In other words, if Google can lower transaction costs of finding just the right books one is looking for, people will buy more of them. No word yet on whether the RIAA and MPAA have yet learned any lessons from this.
  • Big Money Loves Big Government

    October 6, 2006
    Reuters is finally catching up with CEI's own Tim Carney. In a story today, Tim McLaughlin reports that political contributions by the biggest Wall Street financial firms are now favoring Democrats, despite decades of conventional wisdom casting the Republicans as the party of the nation's "monied interests." Tim, of course, has been on this story for a long time, explaining why both the wealthiest individuals and the biggest companies often give far more to Democrats than to Republicans, for a number of reasons, almost all of them having to do with a desire to make government more intrusive, burdensome and expensive (for the other guy). Dive into Tim's...
  • CBO Speaks: Deficit Slightly Smaller, Still Huge

    October 6, 2006
    In what has to be one of this week's worst excuses for good news, the Congressional Budget Office announced that the federal budget deficit for FY2006 was “only” $250 billion, down from last year's $318 billion. Actually, let's look at that again: the number of deficit-spent dollars last fiscal year was 250,000,000,000. That'll buy you a lot of House page uniforms. The White House had issued a February prediction of $423,000,000,000, and then went on to claim repeated victory on the deficit in the intervening months as they revised their numbers down and closer to reality. Reuters politely describes the original OMB estimate as having been “...
  • Update: Foley to Move to Amsterdam, Run for Parliament

    October 6, 2006
    News out of the Netherlands this week is bearing an odd parallel to DC's most talked about scandal involving a now-former Congressman from a certain peninsular state. In what must be a not entirely unexpected setback, a political party founded earlier this year by Dutch pedophiles looks as though it has insufficient support to compete for seats in the parliamentary general election next month. Children's rights groups sued to have the party banned outright, but a Dutch court ruled that the nation's freedom of expression guarantees extended even to the euphamistically-named "Brotherly Love, Freedom and Diversity party (PNVD)." Maybe this two-party...
  • Free Government Cash: Mixed News From Germany

    October 6, 2006

    It seems that German welfare queens have been enraging their hard working fellow citizens by driving expensive cars while on the dole. The Christinan Democrats in parliament, however, have come up with a solution - force those receiving benefits to sell their cars (above a certain value) in order to contribute to their own upkeep. The plan has been thwarted in the past, but appears to be moving forward.

    On the minus side of the ledger, German attorney Jens Lorek is encouraging citizens who believe they've been abducted by aliens to...

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