Category Archives: Special Issues

Cato Paper – Using Technology to Solve Conflicts with Land Registration and Property Rights in the Developing World

In all nation states, governments claim the right to control and regulate land use and to allocate land rights within their sovereign territory. However, in most poor countries, the actual practices on the ground differ substantially from the government’s records and rules. A new Cato paper by Peter F. Schaefer and Clayton Schaefer suggests that informal communities and support organizations

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US Federal Reserve Report – Understanding Demand for H-1B Visas

The H-1B visa program allows employers to hire guest workers in “specialty occupations” and allows these workers to apply for permanent residency while working on the temporary visa. Some immigration reform advocates argue for an increase in the number of H-1B visas to address a shortage of STEM labor and to allow businesses to compete globally for the “best and

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What Do Entrepreneurs Need to Know About BitCoin?

The spectacular rise late last year in the price of Bitcoin, the dominant virtual currency, has attracted much public attention as well as scholarly interest. This policy report discusses how some features of Bitcoin, as designed and executed to date, have hampered its ability to perform the functions required of a fiat money––as a medium of exchange, unit of account,

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Cato Event Live Online – Rethinking Housing Bubbles

Rethinking Housing Bubbles: The Role of Household and Bank Balance Sheets in Modeling Economic Cycles Wednesday, October 1, 2014 12:00 PM (EST) >>Watch Live Online Featuring the authors Vernon L. Smith, Laureate 2002, Nobel Prize in Economic Sciences and Professor, Chapman University; and Steven D. Gjerstad, Presidential Fellow, Chapman University; with comments by Dean Baker, Co-founder, Center for Economic and

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US Federal Reserve Report – Discussion on the Tokenization Landscape for Mobile Payments in USA

The Mobile Payments Industry Workgroup (MPIW) convened a meeting on June 2-3, 2014 to discuss several industry tokenization initiatives being developed for digital and mobile retail payments. The key objectives of the meeting were to: (1) generate an overview of the different industry tokenization initiatives under development (ASC X9, EMVCo, the Payment Card Industry Security Standards Council (PCI SSC), The

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Tax Foundation Report – International Tax Competitiveness Index (2014)

Taxes are a crucial component of a country’s international competitiveness. In today’s globalized economy, the structure of a country’s tax code is an important factor for businesses when they decide where to invest. No longer can a country tax business investment and activity at a high rate without adversely affecting its economic performance. In recent years, many countries have recognized

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Fenwick Report on ABC v. Aereo What the Supreme Court Decided – And What It Did Not

On June 25, 2014, a 6-3 majority of the Supreme Court held that Aereo’s service that allows customers to view over-the-air TV broadcasts via the internet violated the public performance right under the Copyright Act. Applying what the dissent characterized as “an improvised standard (‘looks-like-cable-TV’),” the majority held that Aereo infringed copyrights owned by television networks. The Court was extraordinarily

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Why is an exit strategy important for entrepreneurs?

Harvesting from Your Venture’s Value This Article supports our belief that having a harvest goal in mind and creating an exit strategy to achieve it are what separate successful entrepreneurs from the rest. Clearly, the main objective of professional entrepreneurs is to create economic value. It is unfortunate that little attention in the entrepreneurial world has been given to exiting a business

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Global Entrepreneurship Program – Creating Your Exit Strategy and Exit Goals

FREE GLOBAL ENTREPRENEURSHIP PROGRAM Do you want to learn more about entrepreneurship and starting a business? We have the world’s first online global entrepreneurship program. Now it’s simple and easy to take online courses created and led by renowned experts in the field of entrepreneurship. VALUE DRIVER #10 CREATING YOUR EXIT STRATEGY AND EXIT GOALS LEARNING OBJECTIVES: – We define

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Why is Pinterest Valued At $5 Billion with Zero Revenue?

Pinterest has just exceeded its own already sky high valuation, which already couldn’t be justified by any traditional financial valuation metrics like revenue multiples. A multiple of zero is still zero. Investors have simply just paid an even higher multiple of zero for a stake in Pinterest. But Pinterest’s $5 Billion valuation in its new funding round is rational and

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