Can defense contractors survive the New World Order?

Article Abstract:

The US survived and did well after both the Korean and Vietnam Wars, two other periods of defense downsizing in its history, and the same can be true of the 1990s. The military's wishes must be pruned until they can be covered by decreased congressional funding. An adequate but not unnecessarily social safety net must be in place for jobless defense workers and the towns they live in. Unemployed defense workers do not deserve special benefits. The military procurement process and American business in general must have their costly regulatory burden lightened so as to promote a growing economy.

Defense industry

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Can the free market cure America's health care disease?

Article Abstract:

Health care cost containment can best be accomplished through a market-driven approach to reform. Government's role should be to make the market more competitive. This involves an end to mandated coverage for unnecessary procedures and a speeding-up of the drug approval process. Once the market becomes free, companies will exert cost-control pressure on their insurers, who would then exert pressure on care providers. Also, taxing employee coverage as part of income will make people spend more wisely and stop thinking of health care as an entitlement.

Direct Health and Medical Insurance Carriers, Hospital and medical service plans, Medical Care Insurance, United States, Innovations, Medical economics, Health insurance, Health care reform

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Staking out the high ground on government regulation of business

Article Abstract:

Regulation can place an undue burden on productivity, capital formation and industrial research. Regulation can also slow innovation because regulators decide whether a product can go to market. Government cannot regulate everything and should be selective in what it tries to regulate. The regulatory system might be improved by greater reliance on market competition for consumer protection; by more regulation through economic incentives and by engaging in a cost-benefit analysis before a regulation is imposed.

Industry regulations, Cost benefit analysis, Government regulation of business, Trade regulation

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