Wealth Updraft
Oklahoma’s Improved Economic Performance Suggests Right to Work Is Working
My latest study for the Oklahoma Council of Public Affairs finds that critics of Oklahoma’s right-to-work law are wrong. From the study: On September 25, 2001, Oklahoma voters went to the polls and passed a constitutional amendment—Right to Work (RTW)—which gave workers the choice to join or financially support a union. This made Oklahoma the [...]
Frac, Baby, Frac . . .
photo credit: eMaringolo As I’ve blogged before, technology has played an important role in keeping Wealth Alchemist at bay. I recently came across this study–The Shale Gas Shock (pdf)–that thoroughly vets the pros and cons of this new hydraulic fracturing technology being used to squeeze natural gas out of shale rock. Put simply, this technology [...]
Can Technology Keep Wealth Alchemists at Bay?
Wealth Alchemists have done a lot of damage to our economy by encouraging consumption over the accumulation of wealth. Fortunately, technological shocks have given a needed shot in the arm in favor of wealth. Today we can produce more goods and services using fewer workers and fewer inputs than in the past. Thanks to advances [...]
New Hampshire’s Unemployment Rate
The Bureau of Labor Statistics just released their December 2010 unemployment estimates by state. New Hampshire’s unemployment rate was 5.5 percent versus 9.4 percent nationally . . . just trying to keep it real.
Taxes Matter II: Lower Taxes on Capital Investment
In today’s Wall Street Journal, Thomas F. Cooley and Lee E. Ohanian make the case for lowering federal taxes on capital investment. Here’s their bottom line: Taxing capital income at a permanent average rate of 20% instead of the current average of 37% would yield substantial benefits. After several years of higher investment, we estimate [...]
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