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A quick look at Bloomberg News's opinion section

March 18, 2013 For more, visit
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FROM THE EDITORS

Enterprise Zones:
"Since 1986, California has used an 'enterprise zone' program in an effort to spur investment and job creation in specified areas. The state awards tax credits, more than $700 million a year as of 2010, to businesses that hire designated kinds of workers within the zones. The program is popular with businesses and local officials. Unfortunately, it doesn't appear to create jobs."


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Immigration: "There is a push in Congress to expand visas for highly skilled immigrants, which would be very good for the economy. Unfortunately, some lawmakers seem determined to expand high-skills visas at the expense of family visas, which are already subject to sharp quotas." Stable families play a crucial role "in helping immigrants acquire an education, hone skills, build businesses and create jobs."

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COMMENTARY

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Simon Johnson

The U.S. "has undeniably invented its unique kind of fiscal crisis. Or, to be more precise, we have reinvented the uniquely American way of ruining our fiscal affairs."

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Virginia Postrel

Google's self-driving car "illustrates how Silicon Valley, rather than traditional automotive centers, is increasingly shaping the future of cars."

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Albert R. Hunt

Tax reform is "a mirage, say a number of serious participants who would like to see something achieved. The chances of any substantial overhaul in this Congress are slim to none."

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William D. Cohan

The argument that we need Wall Street veterans to regulate Wall Street is "nothing more than a way for the financial institutions, and the many Washington politicians who benefit from their considerable largesse, to make sure the status quo gets maintained. Instead of getting change we can believe in, we had the spectacle of Mary Jo White's March 12 confirmation hearing."

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Mark Buchanan

"We'll never understand economies and markets until we get over the nutty idea that they alone -- unlike almost every other complex system in the world -- are inherently stable and have no internal weather." The first of three excerpts from "Forecast: What Physics, Meteorology and the Natural Sciences Can Teach Us About Economics."
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Bill McKibben
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"In the fall of 2007, Peabody Energy Corp., the coal-mining giant, spun off all its unionized mines into a new company, Patriot Coal Corp. In the process, it got rid of the promises it had made over generations to coal miners and their families."
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FROM THE BLOGS

The Ticker

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Matthew C. Klein on why we should rip banks in two
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The Ticker

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Margaret Carlson on Rob Portman and his party on gay marriage
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World View

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Chandrahas Choudhury on India's high growth, low employment economy
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