Economy

Economists use beer to highlight socialism’s failings

Socialism may be gaining in popularity among certain groups, but it remains a thoroughly discredited economic system, as two experts highlight in their book Socialism Sucks: Two Economists Drink Their Way Through the Unfree World (Regnery, 2019).

Ray Carter
November 22, 2019
Economy

Data suggest Oklahoma economic growth is slowing

Continuing the pattern of recent months, new data indicate Oklahoma’s economic growth is slowing, suggesting lawmakers may have far less growth revenue to spend next year, based on information provided by State Treasurer Randy McDaniel.

Ray Carter
November 6, 2019
Economy

Attack reminds us of Oklahoma's volatile revenue sources

The recent attack on Saudi Arabia’s oil industry puts into light Oklahoma’s precarious economic position.

Curtis Shelton
October 11, 2019
Economy

Oklahoma workers’ comp rates continue decline

Oklahoma Insurance Commissioner Glen Mulready has announced approval of a 5.1-percent decrease in workers’ compensation insurance loss costs for 2020, continuing a downward trend in business costs that was fueled in part by enactment of major workers’ compensation reform in 2013.

Ray Carter
September 30, 2019
Budget & Tax, Economy, Good Government

Stitt’s proposal would not be first change to state gaming compacts

While Gov. Kevin Stitt’s call to renegotiate Oklahoma’s gaming compacts has drawn opposition, Stitt’s proposal would not be the first alteration of those state-tribal agreements. In fact, just over a year ago, the compacts were indirectly revised. And the year-ago revisions drew opposition not from tribal governments, but from officials who felt the new agreement shortchanged state government.

Ray Carter
August 26, 2019
Budget & Tax, Economy, Good Government

Deregulation could spur state growth, lawmakers told

For Oklahoma lawmakers seeking to boost economic growth and job creation in Oklahoma, one expert says a key step is to pare down regulation. “There is considerable evidence, academic evidence, that regulations slow economic growth.” 

Ray Carter
August 26, 2019
Economy

Expert says gambling compacts need to better address addiction

The debate over renegotiation of Oklahoma’s gaming compacts with tribal governments has centered on the rates paid by tribes and the impact of renegotiation on state-tribal relations. But some experts say those discussions are overlooking another important factor.

Ray Carter
August 7, 2019