Kentucky politicians shooting air balls when it comes to economic competitiveness

No matter your personal affinity for redbirds or feral felines, after two straight years of national championship victories there’s no denying that the Bluegrass State is capable of producing one heckuva competitive force on the basketball court. But regardless of the last two years’ inspiring efforts from Kentucky’s competitive young athletes and the ensuing celebrations…

The federal income tax centennial: No reason to celebrate

By D. Eric Schansberg, Ph.D. Despite establishing a blue ribbon commission, Gov. Beshear’s administration failed to make any progress in reforming Kentucky’s antiquated and burdensome tax code during this year’s General Assembly. But Kentucky is not the only place where tax reform is needed. It’s badly needed on the federal level, as well. This year…

Obamacare comes to Kentucky: When federal money runs out, what then?

There’s not much protection – and even less affordability – for Kentuckians in President Obama’s misnamed Patient Protection and Affordable Care Act, otherwise known as “Obamacare.” Temporarily, Kentucky may be able to afford it – only because the federal government is waving dollars in front of cash-hungry politicians. But in the long run, Obamacare will…

Bluegrass Institute offers 16-step path to reforming Kentucky’s public pension system

(Frankfort, Ky.) – A pathway to pension reform released today by the Bluegrass Institute, Kentucky’s free market think tank, highlights critical steps state lawmakers need to take to rescue the state workers’ retirement plans from future insolvency and put it on the road to recovery. “Future Shock Solutions: 16 steps to treat Kentucky’s public pension ailment”…

Regulators steer moving vans and food trucks in the wrong direction

When it comes to barbershops, moving companies and food vendor trucks, Kentucky regulators have a curious penchant for shielding established businesses from fresh competition. A recent Institute for Justice study concludes the Bluegrass State has the fifteenth most burdensome licensing laws in America. Do Kentuckians really believe that – as IJ reports – it should…

Blessed be the caretakers; woe unto those who frivolously sue them

“Woe unto you, lawyers,” Jesus Christ himself once said. Fast forward 20 centuries and Christ could have had the personal-injury, ambulance-chasing kind of lawyer in mind. You’ve seen these law-benders’ brand of advertising: targeting doctors doing their best to alleviate patients’ pain through joint replacements or soliciting victims of diseases you’ve never heard of. It…

More jeers than cheers for pension-reform shenanigans

Cheers to Paducah Independent Sen. Bob Leeper for filing a bill limiting Kentucky General Assembly sessions to every other year instead of annually. Before voters approved a constitutional amendment allowing annual sessions in 2000, the legislature met only in even-numbered years for 60 day sessions. Unfortunately, Kentuckians were convinced by big-government types that allowing politicians…

Bluegrass Beacon: Failure at the heart of central planning

Steve Horwitz’s recent lecture at Western Kentucky University may have directly concerned failures of the Federal Reserve System, but the nationally known economist’s presentation also offered crucial reminders of how central planning in any sector is a failure. Proponents of a command-and-control society like to claim that it’s free-market policies that have been tried and…

Public pension rally in Frankfort

WHAT: Pension reform rally WHEN: Today at 2 p.m. WHERE: Capitol Rotunda, Frankfort WHO: Hosted by the Northern Kentucky Tea Party SPEAKERS:  Bluegrass Institute president Jim Waters, WLAP talk-show host and Lexington financial advisor Tom Dupree, and Covington City Commissioner Steve Frank Public is invited