Reforming government regulation to make it more scientific, logical and responsive to society and individuals’ needs is a cheap and cost-effective way to accomplish major international health, economic and environmental goals, says Henry I. Miller of the Hoover Institution.
Regulation exacts societal costs whose magnitude is almost unimaginable. According to a
Europeans have found it’s hard to have both economic growth and draconian emission reductions, says Investor’s Business Daily (IBD).
Indeed, new data from the Copenhagen-based European Environment Agency (EEA) show Europe has for the second year in a row not only failed to meet its Kyoto targets, but actually increased its
Most commentators credit India’s technical prowess to socialist rulers who, in a bid to make the country an industrial power, “over-invested” in engineering and other professional colleges. Even as secondary school education languished, they built a slew of super-elite engineering colleges called IITs (Indian Institutes of Technology) and a network
Many salaried American men work longer hours because of an increase in “marginal incentives” to supply hours beyond the standard 40 per week, say researchers Peter Kuhn and Fernando Lozano.
As evidence, the authors note:
An extra hour beyond 40/week was associated with a 1.2 per cent increase in earnings for
Meals in a Michelin three-star restaurant in Paris can cost $300 or $400 a person, not including wine. How could food become so expensive? According to the Society for Quantitative Gastronomy (founded by a group of young French economists), status and image not just food play an increasing
