Month: July 2008

Fifty events to be held later this week to honor Dr. Milton Friedman

FOR IMMEDIATE RELEASE

Contact: Joe DiLaura
Tel.: 317-229-2128

INDIANAPOLIS (July 28, 2008) – Fifty events in 41 states and the District of Columbia will take place on Thursday of this week (July 31, 2008) honoring the life and legacy of Dr. Milton Friedman.

The Friedman Legacy for Freedom campaign is sponsored by the Indianapolis-based Friedman Foundation for Educational Choice, who is partnering with groups throughout the country to celebrate his birthday and honor his impact on free markets and individual liberties. (more…)

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Replace Job Creation with Wealth Creation

Steve BucksteinCascade Commentary

Summary

Governor Kulongoski recently unveiled a new plan for creating “green” jobs in Oregon. While many people will focus on the “green” part of the governor?s plan, it may be more instructive to challenge the concept that our goal should be to create jobs at all. (more…)

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Say It Isn’t So, Barack

Matt WingardCascade Commentary

Summary

African-Americans support school choice at a rate higher than any other ethnic group. A recent Harvard poll showed 67% of blacks support school choice for low-income students and 52% support vouchers for all children in failing public schools. Yet, presidential candidate Barack Obama recently refused to stand up for the D.C. Opportunity Scholarship Program as Congress threatened to end it. (more…)

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A Corvette or a Toy Train?

QuickPoint!

I drive a car. Odds are, you do too. In fact, given the choice between the MAX, bus or car, 97% of Portland residents choose to drive every day. Why then did Metro unanimously vote to extend the MAX to Milwaukie at a cost of $1.4 billion, including a new $340 million downtown bridge without car lanes?

Even granting TriMet’s very generous estimate of (more…)

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Pour yourself another regulation!

QuickPoint!

Our Governor envisions an “Innovation State” that leverages new technologies and attracts investment, yet the Oregon Liquor Control Commission has blocked that vision from becoming a reality for small business owners in the heart of Oregon’s wine country.

John Stuart, founder of the Agri-Vino Wine Center in Carlton, invested in a new wine preservation and dispensing technology, called Enomatic, to launch (more…)

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First you borrow, then you beg…

QuickPoint!

Many private banks and financial institutions are in trouble because they supplied the market with too many sub-prime mortgages. However, what has not been well understood is the Federal government’s mechanism for over stimulating sub-prime lending through government-sponsored enterprises like Fannie Mae and Freddie Mac, which together now back $5.3 trillion of mortgage debt.

Sub-prime mortgages became a viable financial tool in the US due to (more…)

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Is Voting Enough?

QuickPoint!

As children, our parents have absolute responsibility for our lives. Without their willingness to constantly supervise and direct us we simply could not survive. However, once we attain a certain degree of economic self-sufficiency and maturity it simply becomes unacceptable to let anyone but ourselves take control of our lives. How many of us would (more…)

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Entrepreneurship as a Weapon Against Poverty

Sreya SarkarReview of Lessons from the Poor: Triumph of the Entrepreneurial Spirit, edited by Alvaro Vargas Llosa, The Independent Institute (2008).

There is a growing mass of literature discussing various facets of private industry becoming an involved and effective player in the realm of poverty alleviation. The poor have been considered the constituency of the government for a long time, but now that perception is changing. For example, Nobel laureate Muhammad Yunus’ autobiography, Banker to the Poor, takes commercial banks to a clientele base they have never really served before. C.K. Prahalad’s The Future at the Bottom of the Pyramid is a rallying cry for big business to position serving the world’s four billion poorest people at the heart of their profit-making strategies. Lessons from the Poor: Triumph of the Entrepreneurial Spirit, edited by Alvaro Vargas Llosa, is one of the latest books in this category, adding one more dimension to this discussion. (more…)

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Oil: The Energy of the Future

QuickPoint!

Three years ago, two prominent scientists asked themselves which natural chemical makes the most efficient fuel. Their answer? Oil.

Using synthetic biology, LS9, Inc. has modified bacteria to turn plant sugars into (more…)

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