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ONE OF THE LARGEST SCHOOL DISTRICTS IN ARKANSAS  

(February 2014) Most articles filed by education reporters focus on traditional K-12 public school districts.1  An unreported story is the increase in home-schooling, part of the alternative Arkansas school choice market.   The number of Arkansas home school students has increased from a mere 572 (1985-86) to 17,215 (2012-13), state Department of Education records show.2  Home school students, as a percentage of local enrollment, […]

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FISCAL POLICY RECOMMENDATIONS  

Prudence should guide fiscal policy. Public services should be provided in an efficient, cost-effective manner.  Savings should be used to encourage economic growth and make Arkansas competitive in terms of jobs creation and income growth.  The Murphy Commission, a Policy Foundation project spent three years (1996-1998) studying state government before advancing ideas to make government cost-effective and […]

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ARKANSAS SCHOOL CHOICE MARKET EXPANDS  

“The most callused aspect of the current education monopoly in Arkansas is that it willingly and deliberately forces children–except those whose parents have wealth–to attend bad schools. And it does so with financial resources taken from parents already struggling financially and at the expense of their ability to choose a better school for their sons […]

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Adverse Selection

(January 2014) Proponents of nationalized medical insurance long ago conceded the problem of adverse selection, i.e., buyers and sellers with asymmetric information1 create an unsustainable risk pool with few healthy and many unhealthy enrollees.  The federal Affordable Care Act tries to address adverse selection via the individual mandate, limited open enrollment, moderate fines and enrollee subsidies.  Proponents are preoccupied with […]

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TAX RATES CAN BE CUT USING SURPLUS REVENUES

“Reduce the state’s income tax…repeal the state’s capital gains tax.” Arkansas Policy Foundation, Murphy Commission project, 1998   “(Arkansas) revenues are expanding because the business cycle’s current state is expansion, not contraction.” (Policy Foundation research memo, November 2012)   (December 2013) The state’s November General Revenue Report shows another fiscal year (2013-14) surplus emerging, another reminder […]

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BUSINESS OWNERS ARE PUBLIC SERVANTS  

“When Edsel Ford died and Henry Ford had to reorganize his company board of directors there was a good deal of discussion of changes in “the Ford Empire.”  Metaphors comparing a businessman with a monarch have become common.  But the business man is not sovereign.  On the market sovereignty rests finally with the consumer…Whether a businessman has got his wealth […]

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SUPPLY, DEMAND & ARKANSAS MEDICAID EXPANSION  

“As of Monday, more than 54,000 people–out of an estimated 250,000 who are eligible–had enrolled in the state’s Medicaid program, an increase of at least 964 from the total six days earlier,” the Arkansas Department of Human Services reported. Arkansas Democrat-Gazette, November 13, 20131   (November 15, 2013) Barely 20 percent of Arkansans eligible for […]

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