Economic Benefits of Tort Reform in Louisiana: An Assessment of Excessive Tort Costs and Potential Economic Benefits of ReformReport Published on November 04, 2019
The civil justice system is a crucial institutional framework in America. When working properly, the system provides a fair and equitable forum for the resolution of disputes among parties, appropriately compensating those that have legitimately been harmed. Additionally, it acts as an effective deterrent to undesirable behavior. The civil justice system is designed to provide proper remedies for injured parties and incentives for responsible actions; it is not intended to be punitive, random, or unpredictable.
In the contemporary world of instant global communication, immediate information exchange, and multiple modes of rapid transportation, the process of choosing sites for new or expanded activity has become increasingly complex and sophisticated. Although some of the basic premises have remained unchanged since the earliest civilizations, the evolving nature of the economy is transforming the process of economic development.
Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.
President Trump has stated that he will impose a 5% tariff on all goods from Mexico on June 10 if Mexico does not take action to slow the volume of immigrants at the US border. The Perryman Group, an economic analysis firm based in Texas, analyzed the economic implications of such a tariff and found that it would likely cost hundreds of thousands of US jobs if enacted and maintained.
The current slowdown at the US-Mexico border is causing substantial economic harms. Trade volume has grown substantially, more than doubling over the past 20 years and up 55% between 2010 and 2018. During 2018, total trade volume between the United States and Mexico exceeded $611.5 billion, with $265.0 billion in US exports to Mexico and $346.5 billion in imports from Mexico. In fact, recent data for January and February of 2019 reveals that, for the first time, Mexico is the top US trading partner.
Texas is one of only 14 states choosing not to expand health insurance coverage to low-income adults using the financially attractive mechanism created with passage of the Affordable Care Act (ACA) in 2010. Almost 1.5 million Texans would immediately become eligible for expanded coverage, according to analysis by the Kaiser Family Foundation.
Nonprofit establishments improve lives, communities, and society as a whole. These entities offer a variety of services and include hospitals and other health care providers, schools and universities, art museums, and many other types of operations. Not only do these organizations provide important services that enhance quality of life and societal wellbeing; they also generate substantial economic benefits through their operations and the associated multiple rounds of activity through the economy.
The Origins of Ongoing Opportunity: The Economic Benefits of Higher Education Institutions in the Dallas‑Fort Worth AreaReport Published on January 04, 2019
A trained workforce is essential to growth in any economy. In the current environment of growing complexity in business operations of virtually all types, quality education is increasingly important from both the individual's and the employer's perspectives.
For 130 years, the Dallas Zoo has been providing entertainment and education to the people of Dallas, the surrounding area, and beyond. The Zoo's wide variety of specimens, acclaimed exhibits, and research facilities make it a popular destination both for local residents and visitors from outside the area.
Bordernomics: Defining Economic Opportunities, Potential, and Challenges Confronting the US ‑ Mexico Border Region and Strategies for Enhanced ProsperityReport Published on February 07, 2018
The Perryman Group's Bordernomics study analyzes the economy of the US-Mexico border region in order to improve understanding of regional dynamics and identify actions which could generate meaningful improvement. The full study provides background information and a summary of current economic conditions, addresses the importance of NAFTA, describes challenges and opportunities faced in the border region, and estimates the business activity and jobs which could be added with enhanced cooperation among the US-Mexico border states.