Corporate governance is a much-discussed topic, and the operation of corporations has proven a fertile field for investigative journalism. But even though many colleges and universities are multibillion-dollar-a-year operations, the subject of university governance has been largely neglected. This is unfortunate because university governance raises fascinating questions of great public interest involving the complex intersection of law, morals, and education. Nasar v. Columbia is a case in point.
President Obama, take note. Small business owners think Washington has become increasingly hostile in recent years to free enterprise and thus to job creation, a survey conducted last week found. And his policies are part of the problem.
Democratic Senate candidate Elizabeth Warren has been hammering her Republican opponent, incumbent Scott Brown of Massachusetts, for "undermining" the Dodd-Frank financial reform bill Brown helped pass, even though Warren expressed agreement with Brown's proposed changes to the bill during the debate in 2010.
In a campaign statement Monday, Warren blasted Brown for his behind-the-scenes maneuvering to loosen the banking regulations in Dodd-Frank, after the financial regulatory bill passed.
As Ronald Reagan famously quipped, “The nine most terrifying words in the English language are: ‘I’m from the government and I'm here to help.’” Portland, Oregon, though, really is here to help. The problem is that the city hasn’t created laws to benefit Portlanders—it’s created them to benefit one specific industry, at the expense of every consumer in the area.
A new regulation from the Justice Department will require “public-access swimming pools across the country to install handicapped-accessible ramps and lifts or face a fine of up to $100,000,” the Hill reports. This regulation could cost “hotels and other organizations . . . to spend up to $9,000 to stay in compliance with the rule.”
The National Center for Public Policy Research hosted a “lunch-in” today at Freedom Plaza in Washington, D.C. The target of the protest? “[F]ederal school nutrition guidelines that allegedly forced at least one student to forgo her mother’s home-packed lunch in favor of chicken nuggets,” a press release announcing today’s event read.
Lately there's been a spate of businessmen loudlycomplaining about the burdensome regulatory climate of the Obama administration. Fortunately, there's at least one highly experienced businessman in the Senate that feels their pain. Until he was elected last fall, Wisconsin Republican Ron Johnson was CEO of a plastics manufacturing company and knows all about the problems of excess regulation.
John Merline of Investor's Business Daily interviews Bernie Marcus, the co-founder of Home Depot. Marcus tells IBD that Home Depot "would never have succeeded" as a retail business if it were founded today because of the regulatory burden. Here's a taste of the interview: