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Economics

Follow the money, it's the best basis for transparency and holding our government accountable. Economic theory, government hygiene and government efficiency are tools we must use to limit government size and spending. Without clear understanding of economics and the bottom line, the people won't be served and backdoor deals in government will...

Follow the money, it's the best basis for transparency and holding our government accountable. Economic theory, government hygiene and government efficiency are tools we must use to limit government size and spending. Without clear understanding of economics and the bottom line, the people won't be served and backdoor deals in government will go unchecked.

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Ending the Welfare State in Wyoming, Part 2

As I recently explained, about two thirds of state government spending in Wyoming is dedicated to core welfare-state programs within education, health care and human services (broadly known as "welfare"). With a likely revenue crisis on the horizon, and with the causes of that revenue crisis being structural, it is necessary for the Wyoming state l...
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Ending the Welfare State in Wyoming, Part 1

The most important – and most challenging – part of public policy research is to create convincing pathways toward more economic freedom. Compared to the efforts going toward criticizing "big government", the reform issue receives only minor attention. That is not to say there are no proposals out there. On the contrary, in some policy areas it is ...
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Wyoming Heading for Structural Deficit


The latest CREG report predicts that General Fund revenue will grow at a crawling 2.1 percent per year on average from 2016 through 2020. Worse, as Figure 1 shows, the trend for most revenue sources is downward: The Wyoming state government has weathered tough times before, which is one reason why the state has, basically, two years of spending sta...
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Does Wyoming Need A Tax Reform?

Is Wyoming in need of a tax reform? Recent economic news indicates that this may be a question worth considering in a not too distant future. The latest CREG report on state government tax revenue presents an improved forecast of General Fund revenue by four percent over January. While the first reaction appears to be a rush to the spending binges,...
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Wyoming Has Best Taxes - What Does That Mean?

The Tax Foundation, one of America's most influential think tanks, has released their State Business Tax Climate study for 2015. For good reasons, this annual publication attracts a lot of attention from state legislators, policy analysts and media. With its thoroughness and attention to quality and detail, the Tax Foundation sets a high methodolog...
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The Hopeless War on Poverty

One of the core arguments for government expansion is that there is no other way to reliably help the poor to a better life. This false notion has very deep roots, all the way back to the days when the first elements of the welfare state emerged on European soil. Back then, radical liberals convinced social conservatives that collectivized compassi...
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Death Care Is Cheaper than Health Care

I recently reported that some old, ugly and perverted forms of medicine are on their way back into our health care system. While health care as we know it is entirely devoted to curing people and saving their lives, there is a dark side to medicine that has been used for much more sinister purposes. Under Nazi Germany one of those practices, called...
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The Pursuit of Global Prosperity

I have often pointed to the errors, systemic and others, in the Wyoming economy. I have repeatedly explained the false sense of job security that comes with a large share of the work force on tax-funded jobs. I have also noted how our largely mono-industrial economy was a big factor in giving Wyoming the nation's slowest private sector growth durin...
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Skyrocketing Pension Costs Mean Higher Taxes or Fewer Services

Government pension plans promise to pay current and future retirees a benefit based on a defined formula. To make good on its promise, government contributes tax dollars to a pension fund and invests them to generate income. But what happens when contributions and investment returns fall short? Will government raise taxes, cut spending, or reduce t...
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Get Ready for Weed Welfare

You can't make this up: Weed welfare? That's what the Berkeley City Council in California has unanimously approved, ordering medical marijuana dispensaries to donate 2 percent of their stash to patients making less than $32,000 a year. Impressive. A unanimous vote. No doubt a lot of compassionate people on that city council. Well, as the Fox News s...
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Mailing Address:

1740 H Dell Range Blvd. #274
Cheyenne, WY 82009

Phone: (307) 632-7020