The latest CREG report predicts that General Fund revenue will grow at a crawling 2.1 percent per year on average from 2016 through 2020. Worse, as Figure 1 shows, the trend for most revenue sources is downward: The Wyoming state government has weathered tough times before, which is one reason why the state has, basically, two years of spending sta...

Is Wyoming in need of a tax reform? Recent economic news indicates that this may be a question worth considering in a not too distant future. The latest CREG report on state government tax revenue presents an improved forecast of General Fund revenue by four percent over January. While the first reaction appears to be a rush to the spending binges,...

The Tax Foundation, one of America's most influential think tanks, has released their State Business Tax Climate study for 2015. For good reasons, this annual publication attracts a lot of attention from state legislators, policy analysts and media. With its thoroughness and attention to quality and detail, the Tax Foundation sets a high methodolog...

One of the core arguments for government expansion is that there is no other way to reliably help the poor to a better life. This false notion has very deep roots, all the way back to the days when the first elements of the welfare state emerged on European soil. Back then, radical liberals convinced social conservatives that collectivized compassi...

I recently reported that some old, ugly and perverted forms of medicine are on their way back into our health care system. While health care as we know it is entirely devoted to curing people and saving their lives, there is a dark side to medicine that has been used for much more sinister purposes. Under Nazi Germany one of those practices, called...

I have often pointed to the errors, systemic and others, in the Wyoming economy. I have repeatedly explained the false sense of job security that comes with a large share of the work force on tax-funded jobs. I have also noted how our largely mono-industrial economy was a big factor in giving Wyoming the nation's slowest private sector growth durin...

Government pension plans promise to pay current and future retirees a benefit based on a defined formula. To make good on its promise, government contributes tax dollars to a pension fund and invests them to generate income. But what happens when contributions and investment returns fall short? Will government raise taxes, cut spending, or reduce t...

You can't make this up: Weed welfare? That's what the Berkeley City Council in California has unanimously approved, ordering medical marijuana dispensaries to donate 2 percent of their stash to patients making less than $32,000 a year. Impressive. A unanimous vote. No doubt a lot of compassionate people on that city council. Well, as the Fox News s...

In Nazi Germany, eugenics was an accepted branch of medicine. Its purpose was to "cleanse" the German people of individuals who were considered genetically less desirable. One would hope that this abhorrent practice would be confined to the dark history of the Third Reich. Unfortunately, that is not the case. Eugenics was well established in Americ...

In 1957, Ford Motor Company rolled out its new brand called Edsel. The ambition for the new brand was to help Ford outgrow General Motors. Reality, though, was different: after three years of disastrous sales Ford shut down the Edsel division. The motive for the decision is obvious: Edsel was losing enormous amounts of money. The verdict of the fre...