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November 20, 2019
 
The Latest News
Should Congress Be Concerned
about California's Data Privacy Law?
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
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
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 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
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
Mark Zuckerberg, Patrick Collison, and Tyler Cowen |
Conversations with Tyler

The Problem with Transparent Healthcare Prices
Robert F. Graboyes | Inside Sources

New California Ballot Initiative Is Just More Favoritism
Trace Mitchell and Michael Farren | Foundation for Economic Education

The End Is Not Nigh -- There Is Much to Be Thankful For
Veronique de Rugy | Creators Syndicate Newspapers

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