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  “In order for Arkansas to move from a low-wage to a high-wage economy, the state needs to decrease marginal tax rates … In order to attract (high-income) workers to Arkansas.” (Murphy Commission, 1998) “Commodity booms in the 1970s and the last decade were an important factor in propelling growth in two western states (Wyoming, […]

  “Dynamic scoring of tax rate changes should be utilized in budgetary projections for the State of Arkansas. It is irresponsible to ignore the behavioral impacts of tax rate changes on consumers and suppliers of labor and capital.” (Murphy Commission, Policy Foundation, 1998) (October 12, 2009) State revenues from a 2008 severance tax hike are […]

  “Dynamic scoring of tax rate changes should be utilized in budgetary projections for the State of Arkansas. It is irresponsible to ignore the behavioral impacts of tax rate changes on consumers and suppliers of labor and capital.” (Murphy Commission, Policy Foundation, 1998) Dynamic analysis can provide legislators with more information when considering fiscal proposals. Legislators, […]

Arkansas 2007-2008 School District Rankings Michael T. Scoles, Ph.D.1 Overview The Arkansas Policy Foundation (APF) has provided letter- grade rankings of Arkansas school districts, beginning with the spring 2005 administration of the Iowa Test of Basic Skills (ITBS). For the 2007-2008 school year, the Arkansas Department of Education (ADE) began using the Stanford Achievement Test […]

  “Charter schools create an alternate form of public schooling where schools are granted significant autonomy but are held accountable for results. The ‘charter’ is essentially a contract … Unlike other public schools, parents specifically request the charter school and if the school fails to attract students, or if it fails to meet the terms […]

State government should be measured for accountability and performance. (Murphy Commission, 1998) (July 2009) The state Department of Community Corrections includes performance measures in its “Agency Strategic Plan, Fiscal Years 2007-2011.” The performance measures can be viewed on pages 3-4, 6-7 and 9 of the following document: http://www.dcc.arkansas.gov/pdfs/publications/StrategicPlan07-11.pdf Community Corrections should also undergo an independent […]

  Summary: U.S. payroll employment or industrial production growth for one quarter will suggest the recession is ending. (June 5, 2009) The most frequent question we hear is: ‘When will the recession end?’1 Last May 2 we announced the U.S. economy entered recession in January 2008. Our forecast missed by one month. The National Bureau of Economic Research […]

  “An emphasis on prevention in health care has the potential to create a broader population of healthy Arkansans. It can also serve as the catalyst for the conservation of scarce tax dollars.” (Policy Foundation report, Road Map for Arkansas Prosperity, December 2008) (June 11, 2009) Dr. Thomas A. Bruce, former dean of the College of […]

  “The General Assembly should enact legislation which restructures … Arkansas’ existing 311 school districts into not more than 134 “administrative units” where an administrative unit is defined as “one superintendent and an associated superintendent’s staff.” (Murphy Commission, “Streamlining and Cost-Saving Opportunities in Arkansas’ K-12 Public Education System,” September 1998) (May 2009) The Turrell School […]

  (April 2009) Ex-St. Louis Federal Reserve Bank President William Poole criticized federal bank bailouts and forecast long-term inflation during three April 16 forums in Conway co-sponsored by Hendrix College and the Policy Foundation. Morning Session: Apply ‘Market Discipline’ to Banks Dr. Poole told undergraduate Hendrix students in a morning session that “market discipline” should […]