What does ‘free market’ mean?

The Bluegrass Institute is a free market think tank. But what does “free market” mean? In a new page entitled “Free market” on FreedomKentucky.org, Bluegrass Institute intern Brian Deignan does a great job of giving Kentuckians an introduction to some important components of freedom in the marketplace. “In a free market, individuals or individual entities…

Lower Taxes for Higher Growth

A new report from the Kentucky Center for Economic Policy (KCEP) claims that, if successful, the momentum within the Kentucky legislature to repeal the corporate income tax would result in “little to no impact on location and investment decisions” of large businesses. KCEP claims that a tax decrease would only enable existing and potentially new…

Growth of Medicaid in Kentucky

Did you know: From 1999 to 2009, total federal and state spending on Kentucky’s Medicaid program rose by 54%, from $3.3 billion to $5.1 billion and Kentucky’s general fund spending on Medicaid increased by 37%, from $802 million to $1.1 billion The number of Kentuckians enrolled in the program grew from about 664,000 to roughly…