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THIS WEEK
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November 20, 2019
The Latest News
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Should Congress Be Concerned
about California's Data Privacy Law?
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Jennifer Huddleston | The Hill
With little overall movement towards a federal data privacy framework, states, including Nevada, California, and Maine, have passed their own policies. While created at the state level, these laws will have a national effect. This raises the question of whether or not the purported in-state benefits of a law outweigh the burdens it creates for out-of-state parties. These burdens raise important concerns about constitutionality and they will only grow as other states follow California's example and create a patchwork of state and local data privacy laws that could significantly disrupt one of America's key industries.
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New York City Is a Hot Spot
for Illegal Medicaid Enrollment
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Brian Blase | The New York Post
As a result of ObamaCare's Medicaid expansion, many states stopped properly assessing whether applicants are eligible before they enroll. An estimated 337,000 to 455,000 working-age New York state residents with income above the allowed limit are improperly enrolled in Medicaid. Nearly half of improper enrollment is in New York City, where a few neighborhoods have among the highest percentage of improper enrollees anywhere in the country. What can New York do about this issue?
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The Struggle Between State and Society
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Daron Acemoglu and Tyler Cowen | Conversations with Tyler
Daron Acemoglu is a professor of economics at MIT and, by some measures, the number-one most widely cited economist in the whole world. He joined Tyler to discuss drivers of economic growth, the economic causes and effects of democratization, how Germanic tribes introduced “bottom-up politics” to the Roman empire, the institutional reasons that China’s state capacity and control has increased with its wealth, his latest book
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on how institutions help strike the balance of power in the constant struggle between state and society, and more.
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Two Years Later, Highly-Touted Foxconn
Subsidies Look More Dubious Than Ever
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Michael Farren and Matthew Mitchell | The Chicago Tribune
It has been two years since the Foxconn Corporation signed a controversial contract to build a manufacturing facility in Wisconsin in exchange for $3.6 billion in state subsidies. While initial studies touted by Foxconn and its subsidizers claimed benefits to the state's economy, more-realistic calculations suggest that the deal could reduce Wisconsin's long-run economic growth. This is a case study for understanding why subsidies fail to deliver the economic benefits of which they brag.
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Additional Links
Mark Zuckerberg interviews Patrick Collison and Tyler Cowen on the Nature and Causes of Progress
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Mark Zuckerberg, Patrick Collison, and Tyler Cowen |
Conversations with Tyler
The Problem with Transparent Healthcare Prices
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Robert F. Graboyes | Inside Sources
New California Ballot Initiative Is Just More Favoritism
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Trace Mitchell and Michael Farren | Foundation for Economic Education
How Can Our Dumb Infrastructure Accommodate Smart Cars?
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Andrea O'Sullivan | Reason
Academic Research Finds States That Offer Subsidies Don’t Fare Better Than Those That Do
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Michael Farren | CNBC’s “The Exchange”
India Ought to Distinguish ‘Good Corruption’ from Bad
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Shruti Rajagopalan | Livemint
The End Is Not Nigh -- There Is Much to Be Thankful For
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Veronique de Rugy | Creators Syndicate Newspapers
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