Day: April 3, 2002

Archive

Foreign aid is a problem, not a solution

Last week a United Nations conference convened in Monterrey, Mexico, to discuss the need to sharply increase foreign aid. However, more foreign aid may not be the answer. Indeed, says Bruce Bartlett of the National Centre for Policy Analysis, a strong case can be made that foreign aid has been

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Employment effects of living wage laws

For some years, liberal groups in America like ACORN (Association of Community Organisations for Reform Now) have pushed hard to get so-called living wage laws enacted in cities and counties throughout the country. More than 60 jurisdictions have done so since the first in Baltimore in 1994.

Typically, living wage

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Clash of rights to use copyrighted digital entertainments

Steadily improving digital technologies have set up a confrontation between producers of copyrighted materials and the purchasers of such items as CDs and videos. Some accuse the entertainment industry of going behind the backs of their consumers and trying to pass legislation that would trample the rights of those who

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Innovations and not the Internet are driving the new economy

Despite scepticism about both the stock market boom of the 1990s and the influence of technological innovation, Martin Baily and Robert Lawrence believe that the new economy is real. The researchers claim that there has been a structural acceleration of total factor productivity (TFP), caused by innovation in information technology

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Smokers take more risk at lower wages

By deciding to smoke in spite of the health hazards they face, smokers demonstrate a willingness to take more risks than non-smokers. This characteristic is not limited to smoking. Smokers are apparently also willing to bear more risks in other aspects of their lives. For example, they take more hazardous

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Alternatives to employer-based health care

America’s job-based system of health-care coverage is under serious strain. The costs of employer-paid premiums are escalating dramatically. Workers are losing their coverage along with their jobs. Health-care services become more expensive year by year.

Consequently, alternative systems are being suggested and debated.

On one side are conservatives who want to

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