The U.S. Congress recently approved a bill to allow the re-importation of U.S.-made prescription drugs from Europe and Canada. Though this plan may save consumers money, it will also reduce the incentives for drug companies to develop expensive but potentially life-saving new drugs, says Stephen Entin of the Institute for
Welfare rolls in both Canada and the United States reached all-time highs in the 1990s. One province and a few states introduced reforms to slow the rate of increase or reduce the escalating cost. However, in both countries local reforms were limited by the conditions attached to federal
Nepotism unfair preferential treatment of relatives over better unrelated candidates Is not only a historically persistent phenomenon but a “natural, wholesome and socially useful” one as well, according to a new book by Adam Bellow, entitled, In Praise of Nepotism: A Natural History.
Nepotism has played a large role
American teacher unions are advancing political agendas on the national, state and local levels by donating large amounts to partisan organisations and lobbying for bills that would violate schools’ political neutrality, says Robert Holland of the Lexington Institute.
For example:
The National Education Association (NEA) is spending up to one-third of
The recently released Columbia accident report describes how, since the 1980s, nearly $5 billion practically the cost of the original shuttle fleet has been wasted on efforts to build a shuttle replacement, says Robert Zimmerman.
Those failures make a strong case for returning to private enterprise. In the
In the USA, turning under-used High Occupancy Vehicle lanes into High Occupancy Toll, or HOT lanes, presents an opportunity for new road capacity to be built without raising taxes or cutting programmes, says Jon Caldara, president of the Independence Institute. For motorists, it means congestion-free trips.
A HOT lane allows
In its interim report 18 months after the U.S. imposed special tariffs on steel imports, the International Trade Commission (ITC) says that in their first year, the tariffs imposed by the U.S. cost that economy $680 million.
While American steel makers have benefited from the tariffs, steel users from car
