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It’s a stretch, but some would argue that if funds were directed from programs that fight the drug war against marijuana to programs designed to promote job creation and entrepreneurship, we will be much better off. Of course, the premise behind this argument is that we won’t be worse off (some say minorities would be especially impacted) by allowing people to use cannabis at their leisure.
Certainly it is unwise to make any drastic decisions based on our desperation for economic growth, however, both sides do have interesting arguments.
What do you think? Take our poll to the left.
A recent article by Reuters brought the issue to our attention:
Between 1971, when Richard Nixon launched the war on drugs, and 2008, the latest year for which official figures are available Read the rest of this entry »
A study, published in April of this year by The Georgetown Center for Business and Public Policy, gives interesting details on what may actually happen if Net Neutrality is implemented by the FCC.
In the study, researchers concluded that plans promoted by the FCC would have the opposite intended effect on broadband household penetration. The FCC would like broadband providers to invest heavily in infrastructure that would allow greater access to all Americans across the board, but especially amongst the lower levels of penetration within Hispanic and other minority communities. However, the increased costs that broadband providers will incur will be passed onto consumers, which will result in decreased market penetration for Hispanics, African-Americans, and others, according to the research. Read the rest of this entry »
New business formation is one of the most important economic and social activities for any society expecting economic gain and innovation. Research sponsored by the Ewing Marion Kauffman Foundation reveals that new business formation is widespread and involves all racial and ethnic groups. Following are highlights of two recent studies relevant to minority entrepreneurship, including The Entrepreneur Next Door: Characteristics of Individuals Starting Companies in America and Minorities and Venture Capital: a New Wave in American Business.
- Entrepreneurship is a widespread activity in the United States. Participation is as common as getting married or the birth of a baby. About 6.2 in every 100 U.S. adults 18 years and older are engaged in trying to start new firms
- Blacks are about 50 percent more likely to engage in start-up activities than whites. Hispanic men Read the rest of this entry »
The Harvard Business Review‘s take:
Most business executives likely have never come across the concept. Yet despite its limited reach to a small audience of policy wonks, President Obama made it a campaign issue in 2008, the Federal Communications Commission (FCC) is determined to make it the law, and industry analysts are concerned that its passage would undermine investment by Internet service providers (ISPs). A recent pact on the subject between Google and Verizon — the largest representatives on both sides of the debate — made the covers of the nation’s major newspapers this week. What’s the fuss over this thing called “net neutrality“?
At its core, net neutrality seeks to ensure that ISPs (like Verizon) do not advantage one content provider (like Google) over another (like Yahoo!). But instead of looking to the widely accepted and proven non-discrimination provisions in other areas of communications (such as cable programming), the FCC has crafted a brand new concept of non-discrimination. Read the rest of this entry »