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In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.
Export-related jobs are a huge and important driver of the U.S. economy, and the record of the Ex-Im Bank is clear: Using private funds and with minimal exposure to taxpayers, it has been a major driver of U.S. exports and a driver of jobs and corporate profits in the United States.
Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.
What is the future of the World Bank? How will Latin America be affected?
The Dodd-Frank legislation has many problems and omissions, and much is still uncertain about implementation. But the new liquidation authority provides for the possibility of making it so that future crises do not involve the bailouts of creditors that truly embodied the problem of having banks that are too big to fail.
On Sunday, April 1st 2012 the United States will become the developed country with the highest statutory corporate tax rate. Japan, the previous ‘champion,’ is set to lower their rates leaving America in the top spot.
This statement sets out the principles on which a system of bank capital regulation should be based and provides recommendations which would significantly improve capital regulations.
Instead of placing undue reliance on all-too-fallible bank supervisors and regulators, should we not now be considering doing something serious about the perverse incentives to overly risky bank lending, as well as to the ‘too big to fail’ problem in the US and global banking systems.







