On Stock Buybacks, Congress Has No Business Telling Companies How to Manage Their Balance Sheets

On Stock Buybacks, Congress Has No Business Telling Companies How to Manage Their Balance Sheets

Although the United States government has run up a national debt that exceeds the Gross Domestic Product, two spendthrift United States senators have the temerity to lecture American corporations about how the latter should manage their balance sheets. Senators Bernie Sanders (I-VT) and Charles Schumer (D-NY) recently proposed forthcoming legislation that aims to prevent corporations from buying back their own…

Read More

FEE: What Techno-Futurists Get Wrong about the Economy

FEE: What Techno-Futurists Get Wrong about the Economy

We are living in an exciting time where technological innovation is changing the way we live, work, do business, and fall in love. The economy is changing, but does this mean that “economics” itself will change? Some futurists say so. Writers like Kevin Kelly suggest that artificial intelligence and machine learning are inexorably leading us toward the end of work. With the…

Read More

NAFTA without Canada a bum deal for Texas

NAFTA without Canada a bum deal for Texas

SAN ANTONIO EXPRESS – AUGUST 31, 2018 Scuttling free trade with Canada would have a disproportionate impact on Texas. Texas is the nation’s top exporter and has a trade surplus with Canada. Texas exports about $22.8 billion of goods annually to Canada, its second-largest trade partner. The elimination of a free trade agreement with Canada would harm Texas consumers, who…

Read More

SMU Texas Economic Forum

SMU Texas Economic Forum

Lone Star Policy Institute director, Doug McCullough, was recently asked to be a panelist at the SMU Economic Forum on Trump and the Texas Economy.  This event was a fast-paced and informative forum on Texas’s growing economy. Other panelists included Merrill Matthews of the Institute for Policy Innovation, Vance Ginn of the Texas Public Policy Foundation and W. Michael Cox…

Read More