Policy Research

February 2014

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...
February 2014

ARKANSAS TERM LIMITS: FEWER ATTORNEYS IN GENERAL ASSEMBLY  

First in a multi-part series on term limits, approved by the people in 1992 and 2004.   (February 2014) The number of General Assembly members who list "attorney" or "lawyer" as their current or former...
February 2014

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...
January 2014

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...
January 2014

LONG-TERM ECONOMIC REASONING & ARKANSAS MEDICAID EXPANSION  

"As part of the Patient Protection and Affordable Care Act (ACA) that President Barack Obama signed into law in 2010, states now have the option to expand their Medicaid programs so that the programs provide...
January 2014

LONG-TERM ECONOMIC REASONING & ARKANSAS MEDICAID EXPANSION  

  "As part of the Patient Protection and Affordable Care Act (ACA) that President Barack Obama signed into law in 2010, states now have the option to expand their Medicaid programs so that the programs...
December 2013

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,...
December 2013

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...
November 2013

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...
October 2013

ARKANSAS HIGHER ED TUITION COSTS OUTPACE INFLATION  

(October 2013) In-state undergraduate tuition costs for students  attending Arkansas' largest public universities continue to outpace inflation despite the lowest multi-year increases in the Consumer Price Index (CPI) since the early 1960s.   CPI increased 12 percent between...
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