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Economic Freedom
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Overcrowding on the Government Gravy Train

December 10, 2008 - 5:46pm CST

The compensation of Oklahoma’s government employees exceeds that of their private-sector counterparts. But a bigger problem is that we simply have too many government employees in this state: Oklahoma’s ratio of government employment to private-sector employment is a disturbing 5th highest in the co... READ MORE

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Why Bailouts Aren't Enough

December 6, 2008 - 5:48pm CST

The financial markets have taken on a lot of water recently. Congress has been bailing furiously. But are we doing anything to actually fix the leak? If Congress doesn’t correct the underlying causes of the current crisis, the fruits of any bailout will be short-lived. Liberals want to lay the bla... READ MORE

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Guess Who Wants a Bailout

December 3, 2008 - 5:49pm CST

A major industry has gotten in line to receive a bailout. It directly employs more than six million people. That’s a lot of people considering that there are a total of 300 million men, women, and children in the United States, of whom 137 million are currently employed (excluding farmers). So the w... READ MORE

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Bailout Fallout

November 4, 2008 - 5:51pm CST

Thomas Paine was wrong about many things, but right when he said the American Revolution was a time that tried men’s souls. Today we face times to try the souls of even the best and strongest women and men. These comments are intended for the human heart, not for balloting. In a volatile election y... READ MORE

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Government, Not Markets, Caused Financial Meltdown

November 4, 2008 - 5:50pm CST

To hear the media pundits and presidential candidates tell it, you’d think Adam Smith has been president for the last eight years and, with a Congress full of free-market advocates, had enacted an agenda of full-blown laissez-faire. Had that been the case, we would not be in the mess we are in econ... READ MORE

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Protecting Oklahomans from Nefarious Interior Designers

November 4, 2008 - 3:23pm CST

Should “Joe the Plumber” be allowed to do plumbing work without all the requisite licenses and affiliations? What if he were calling himself an interior designer? In a recent article in Regulation magazine (“Designing Cartels Through Censorship”), Dick M. Carpenter II and John K. Ross of the Instit... READ MORE

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Thinking Clearly About Taxes

November 1, 2008 - 5:40pm CDT

One of the things economics examines is the effect of tax policy upon productivity. Good tax policy does not put a direct tax on production; rather it tends to tax consumption instead. States that directly tax productivity are at a competitive disadvantage to those states that tax consumption. In a... READ MORE

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Politicians’ Power Dwarfs the Rich

September 12, 2008 - 3:19pm CDT

There's no shortage of harping about the exorbitant incomes of America's superstar entertainers, CEOs, investment bankers, and others. But have you ever considered American excess in terms of political power? As unseemly as it may be for America's wealthiest people to strive for more mo... READ MORE

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A Senator in the ‘No’

September 5, 2008 - 3:03pm CDT

Some years back, a newspaper comic strip showed lemmings running toward a cliff. One said to another, "Don't worry, this was a bipartisan decision." That, in a nutshell, is how Washington sometimes works. As long as both parties agree to an idea, everyone assumes the idea must be correct. Even ... READ MORE

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Light Bulb Lunacy

September 3, 2008 - 3:00pm CDT

How many people does it take to change a light bulb? Four hundred, if the people in question are members of the United States Congress. That's how many senators and representatives voted last December to ban incandescent light bulbs. Full awareness of this idiocy has not really manifested itse... READ MORE

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