Tuesday, June 14, 2011 4:00 pm | By Grant Morgan
On Thursday, Senators Orrin Hatch (R-Utah) and Mike Lee (R-Utah) introduced the Federal Land Asset Inventory Reform (FLAIR) Act into the Senate. The FLAIR Act would require the federal government to work with the private sector to create a single, up-to-date, inventory of federal land holdings. This bill will reduce waste, improve government operations, potentially help the economy, and benefit private property-owners.
Property Rights Part of Texas Surge, California Slump
Monday, June 13, 2011 3:15 pm | By Grant Morgan
California has recently surpassed Michigan to become the state with the second-highest unemployment rate, according to a recent report. The Golden State reported a rate of 11.9% for the month of April, down from 12% in March but created a meager 9,000 jobs in the process. Texas, in contrast, created 32,000 new jobs in April, and has contributed 37% of all new jobs created in the United States in the last two years. The contrast in results is matched by a contrast in attitudes towards property rights.
Uncertain of Rights, Entrepreneurs Fleeing China
Tuesday, June 7, 2011 4:30 pm | By Grant Morgan
A study released on Monday reports that a majority of wealthy individuals and entrepreneurs in the People’s Republic of China have considered leaving the country. According to the report, released by the China Merchant Bank and Bain & Co, more than 60% of China’s “High Net Worth” individuals – those with more than 10 Million Yuan net worth – have either considered emigrating or have already initiated the process.