Yes, argue proponents of basic income, the policy proposal to scrap social welfare programs in favor of just cutting everyone a check. Fivethirtyeight summarizes the arguments: Efficiency-minded libertarians like the idea of streamlining the bureaucracy of the welfare state. Silicon Valley techies hope a guaranteed income would cushion the blow as automation replaces human jobs. […]
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The New York Times, in an article titled, "One Top Taxpayer Moved, and New Jersey Shuddered," explains: Our top-heavy economy has come to this: One man can move out of New Jersey and put the entire state budget at risk. Other states are facing similar situations as a greater share of income — and tax […]
Another important regulatory document related to the CFPB's proposed rule is the Final Report of the Small Business Review Panel on the CFPB’s Potential Rulemaking on Pre-Dispute Arbitration Agreements. In creating the CFPB, Congress subjected its regulations to the requirements of SBREFA, the Small Business Regulatory Enforcement Fairness Act, a piece of legislation originally enacted […]
The Federal Trade Commission has charged the operators of dozens of companies with deceiving consumers by using fake newspaper subscription notices. According to the FTC’s complaint, through a complicated web of companies, the defendants send consumers “Notice of Renewal/New Order” mailers for subscriptions to newspapers such as The New York Times, The Wall Street Journal, […]
Marketers of green coffee bean extract weight-loss supplements, male enhancement products, and skin care products will forfeit assets totaling approximately $9.2 million, and have already turned over a Ferrari to settle the Federal Trade Commission’s court action brought against them in October 2014. The proposed stipulated final order bans individual defendants Danelle Miller and Jason […]
by Paul Alan Levy When I saw the Popehat Signal a few years ago, seeking counsel to help Todd DeShong fend off a lawsuit in federal court in Texas claiming that he defamed Clark Baker on his "HIV Innocence Group Truth blog, which criticizes Baker for profiting through charlatanism (Baker claims that HIV status is unrelated […]
A sign of things to come, reports the Times: In January, the Department of Housing and Urban Development announced grants totaling $1 billion in 13 states to help communities adapt to climate change, by building stronger levees, dams and drainage systems. One of those grants, $48 million for Isle de Jean Charles [in southern Louisiana], […]
That question was the subject of a recent class action lawsuit on behalf of the drivers in California and Massachusetts. Now Uber will pay $100 million to settle the case and will allow the drivers to collect tips, but will keep workers classified as contractors under the deal. The classification issue seems likely to arise […]
A piece in Fivethirtyeight last week highlights the challenges occupational licensing laws pose for younger job-seekers. These are rules, usually at the state or local level, that require workers to get a government-issued license to hold certain jobs. That makes sense for doctors and accountants, but the requirements are increasingly spreading to barbers, cosmetologists and even […]