Academics

Academics

Cry Wolf Quotes

The Clean Air Act's Unduly stringent and extremely costly provisions could seriously threaten this nation's economic expansion.

-
Letter written by Milton Friedman and James Buchanan, From the Wall Street Journal.
10/19/1990 | Full Details | Law(s): Clean Air Act of 1990

Minimum wage increases that even approach an average livable wage would result in significantly fewer jobs for low-wage workers. A substantial increase in the relative cost of labor will result in a reduction in the amount of labor used…

-
Kavet, Thomas, Deborah Brighton, Douglas Hoffer, and Elaine McCrate. Vermont State Legislature.
11/02/1999 | Full Details | Law(s): Minimum Wage

The loony-tuners are at it again. The cost of doing business in Oakland is already about the highest in the state. Compared with other cities, adoption of the proposed [living wage] ordinance will drive the cost off the charts.

-
Randy Hamilton professor at the University of California, Berkeley. Oakland Tribune.
11/24/1997 | Full Details | Law(s): Living Wage

The problem with the Community Reinvestment Act is not its goals but its vagueness and ambiguity that have led to a nightmare of documentation, paperwork and formalized process that diverts bankers' time and bank resources from being utilized to serve our communities… we need to build a system of supervision and enforcement that encourages creativity and substance in community reinvestment lending.

-
Michael K. Guttau, National Mortgage News