Stephen Bainbridge

401 days ago - Even though Labor Day is over, it’s still worth thinking about the role of unions in our economy. In some respects, private sector unions are almost powerless. The percentage of private sector workers who are unionized has been declining steadily since the mid-1950s.

408 days ago - American conservatism is an exceptional movement with few global parallels. As the late National Review Senior Editor Frank Meyers famously argued, American conservatism fuses Edmund Burke and John Stuart Mill to combine tradition, moral virtue and ordered liberty with classical liberalism’s libertarianism.

480 days ago - Apologists for the Sarbanes-Oxley Act claim that its corporate governance reforms benefit the American economy in a number of ways, including restored investor confidence in the integrity of the capital markets, enhanced corporate disclosures and reduced incentives for corporate management to manipulate stock prices. Unfortunately, these benefits are both intangible and resistant to measurement.

534 days ago - The House of Representatives’ Rules Committee has approved floor debate for a bill introduced by Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, to amend the federal Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation.

660 days ago - After the Securities and Exchange Commission’s latest public meeting, the media widely reported that the commission was preparing significant regulatory relief for the smaller public corporations on whi Sarbanes-Oxley imposes significant costs.