CEI Today: Quarterly capitalism, California's climate nirvana, and credit card interchange fees

Monday, September 14, 2015
In the News Today

 

QUARTERLY CAPITALISM - JOHN BERLAU

Hillary Clinton's right on smashing 'quarterly capitalism'

 

“Quarterly capitalism” is a new focus of Hillary Clinton’s presidential campaign that could pick up even more steam with recent market turmoil. One need not support all of Clinton’s policy prescriptions, such as higher capital gains taxes, to agree with her that public companies racing to “make the quarter” can be a problem. > Read the USA Today commentary


> Interview John Berlau

 

CALIFORNIA'S CLIMATE NIRVANA - MYRON EBELL

 

California’s Path to Climate Nirvana Hits Some Snags
 
State Senate President Pro Tem Kevin de Leon (D-Los Angeles) and Governor Jerry Brown (D) announced that a provision to require that California petroleum consumption by motor vehicles be reduced by 50% by 2030 would be taken out of a major piece of climate legislation.  > Read more

CREDIT CARD INTERCHANGE FEES - IAIN MURRAY


Australian Reserve Bank Gets the Economics Wrong on Interchange Fees

 

A new report finds that the Reserve Bank of Australia misunderstood the economics when it first moved to cap interchange fees on electronic card payment systems. Australian consumers are likely to be worse off as a result of the regulation. > Read more

> Interview Iain Murray

 




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