New from the Business & Media Institute
A Simple Plan?
The president's tax panel delivered a complicated proposal that would merely shift the tax code's winners and losers. Still, the media bought into the idea that it was simplifying, focusing on deductions scrapped and, like the panel, avoiding the issue of real reform.
Econ 101: The Role of the Courts in the Economy
As the Senate considers the nomination of Samuel Alito to the Supreme Court, Dr. Gary Wolfram, an economics professor and Business & Media Institute adviser, reminds us why courts were established: to protect our freedoms. To preserve a country where the rule of law guards private property rights, judges must focus on enforcing the laws that are written not on creating new policies.
Ask the professor: Do you have a question about an economic issue covered in the news?
Anti-Wal-Mart Movie Presses Forward
The Business & Media Institute is tracking coverage of two new films about Wal-Mart one positive and one negative. The film that bashes the retailer is getting a lot more attention in the press, and journalists are anything but skeptical. Even when the two sides debate, reporters insert pointed anti-business comments.
The Good, the Bad & the Ugly
The Good, the Bad & the Ugly tracks the best and worst media coverage of business and economics. Readers are invited to submit suggestions or news tips to Director Dan Gainor.
This week: NPR goes free market?; If its economic news, it must be bad; Sheriff Dobbs in Sherwood Forest
Also from BMI: Spotlight on oil companies and the windfall profits tax
Do you have friends who love the free market?
Tell them about theBusiness & Media Institute and send them this copy of The Balance Sheet! They can sign up on our home page to receive The Balance Sheet each week.
Research, News & Commentary
Research: As the Senate prepares to strike down some price controls on pharmaceuticals in the Medicare program, The Heritage Foundation reminds us of the potential economic harm from artificial price ceilings.