Economics articles

Recapping Republican Debate #4: “Elite Eight” and the Economy

Recapping Republican Debate #4: “Elite Eight” and the Economy

The fourth Republican debate’s “main event” was held on November 10, 2015 at the Milwaukee Theater in Milwaukee, WI and was hosted by Fox Business and The Wall Street Journal. Moderators were Neil Cavuto, Maria Bartiromo, and Gerard Baker. The winnowing process continued as Gov. Chris Christie (NJ) and former Gov. Mike Huckabee (AR) were

Conservative Solutions for Campaign Finance Reform

We Can Honor the Grassroots Money and the Constitution as We Reform Campaign Finance Campaign finance reform. This phrase seems to have become synonymous with progressive policies like top-down government mandates and financial restrictions. It’s time to change that. Ahead of the 2016 election cycle, the issue of money in politics and the resulting common

5 Commonsense Steps Toward Ohio’s Economic Leadership

At the turn of the 20th Century, my great-great grandfather was the village blacksmith in my hometown of Cardington. He worked hard to support his family and serve our community. He, and millions like him across our state, was part of a generation of Ohioans that brought light and flight to the world, revolutionized the

Municipal Power Aggregation: Power to the People or Revenue Ruse?

(Image: SecretDisc via Wikimedia Commons) “After all, what fun is there to hold a political office if people are allowed to largely manage their own lives?” Since the deregulation of electric and natural gas markets, the number of electric and gas suppliers has mushroomed giving consumers a competitive marketplace to shop for the lowest power

College Costs Soaring Due to America’s Education-Industrial Complex

The cost of education remains a major obstacle for many Americans. To compound the problem, many college graduates eager to start working end up unemployed. And being in debt and unemployed is no way to start adult life. [RELATED on OCR: “ObamaCare Deals Brutal Blow to Ohio’s Youth”] Besides the economy, which cycles over time,

Foundations of Economics Series: Every Man for Himself

As previously discussed in this Foundations of Economics series, economic competition is the process of establishing who produces what in our division of labor economy. Through economic competition, millions of individuals decide in commercial transactions who best utilize our limited resources to produce wealth and the best process for producing that wealth. In other words,

EPA Rules Will Hit African-Americans Hardest in Ohio

President Obama continuously cites his concern for “income inequality” in America while conveniently avoiding discussion of the “energy insecurity” that will ensue from his proposed carbon regulations. A recent report issued by the Pacific Research Institute (PRI) examined the proposed carbon regulations and the energy insecurity that will result in coal-heavy states like ours. [RELATED

Parks and Wreck? Memory Thieves Strike Again in SW Ohio

“It’s a poor sort of memory that only works backwards.” ― White Queen to Alice, Alice‘s Adventures in Wonderland & Through the Looking-Glass, by Lewis Carroll When we were young, my brothers, our friends, and I would spend many a summer day at Garfield Park, in Garfield Heights, Ohio. The park contained ball fields, creeks,

Foundations of Economics: It’s Not a Jungle Out There

As we have examined in Part 2 of this Foundations of Economics series, in a division of labor economy we each focus on producing one or a few things while depending on everyone else to produce the majority of things we need and want.  The obvious question arises, then, of who should produce what?  A

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