Category: Free Enterprise

By Harold Brown Harold Brown, Senior Fellow, Georgia Public Policy Foundation Remember when India was a poster-country for overpopulation and starvation? In just one sign, The New York Times carried more than 100 articles per year from 1965 to 1980 that linked India’s name and population. How times have changed. In August 2017, an article in The Times of India proclaimed, “Govt raises foodgrain output to record 275.68 tonnes” (metric). In 1961, the harvest was less than 100 metric tons. This tripling of cereal grain production occurred with almost no change of the land area used for these crops. (See attached chart.) India’s food supply per person has increased over 20 percent since 1970, even as the population more than… View Article

The Unintended Consequences of Trade Protectionism

By Jeffrey Dorfman Jeffrey Dorfman The International Trade Commission has ruled that imported solar panels from China and other countries were injuring U.S. manufacturers, which will provide President Trump with the opportunity to impose tariffs in order to protect American solar panel producers from this “unfair” foreign competition. However, to protect the jobs of Americans who manufacture solar panels, the President would have to endanger the jobs of a larger groups of Americans: those who install the solar panels at our homes and businesses. Thus, solar panels are a perfect illustration of the dilemma inherent in opposing free trade. Justin Worland reports in Time magazine that solar panel manufacturers employ about 8,000 Americans while another 240,000 U.S. jobs are related… View Article
By Benita M. Dodd The Georgia Public Policy Foundation’s 25th Anniversary Celebration Dinner and Freedom Award takes place on November 11 at the Cobb Energy Performing Arts Centre and is keynoted by John Stossel. Through the years, the Georgia Public Policy Foundation has presented the prestigious Freedom Award to a notable Georgian who has exemplified the principles of private enterprise and personal integrity. Previous recipients include U.S. Supreme Court Justice Clarence Thomas, Flowers Industries chairman emeritus William Flowers, the former U.S. Attorney General Griffin Bell, Chick-fil-A founder Truett Cathy; Deen Day Smith, chair of the Cecil B. Day Investment Company; former Governor and United States Senator Zell Miller; former Southern Company president Bill Dahlberg, Medal of Honor recipient General Raymond… View Article
In an excellent op-ed, Eric Tanenblatt writes in the March 4-10 edition of The Atlanta Business Chronicle on how government and elected officials stifle and resist innovation “by protecting a legacy structure.” The former chief of staff to Gov. Sonny Perdue who served in the administrations of both Presidents Bush cites as examples the initial reaction to Amazon and responses to Airbnb, Uber, Lyft, Tesla and personal lender LendingClub.  (Georgia also saw this in the uphill battle faced by craft breweries and distilleries trying to sell their wares.) “Government’s inclination to snuff out innovation when it threatens incumbents is a cancer on our body politic that must be excised,” Tanenblatt writes. “The new sharing economy, an expansive market built on… View Article

Which Way Employment?

By Harold Brown                                             Harold Brown A person who wants a job and doesn’t have one knows exactly what unemployment means. Sadly, most of us who depend on the media to tell us about the nation’s unemployment don’t quite know. The “unemployment rate” supposedly tells us the proportion of people unemployed, and is often presented as the whole story.  But there is much more to it: The official “unemployment rate” is the percentage of people in the labor force who don’t have a job and are seeking one. What about changes in the size of the labor force? The labor force is not a fixed group. The focus may on the unemployment rate, but changing demographics affect the labor force as… View Article

Opportunity’s Knocking Hard at Georgia’s Door

By Benita M. Dodd BENITA DODD Six years after the economic downturn, the job market for able-bodied adults in Georgia remains one of the worst in the nation, according to recent figures. The challenge is not insurmountable, but strengthening the job market and Georgia’s economy requires the buy-in of this state’s policy-makers. Georgia has experienced the second-largest decline in the nation in the employment rate for 25- to 54-year-olds – the prime working years – the Pew Center reports. Today, there are 5.4 fewer working 25- to 54-year-olds out of every 100 than there were in 2007. Only New Mexico beat out Georgia for last place. Add to that the startling numbers that led to Georgia’s slate of criminal… View Article

Municipal Broadband Puts Taxpayers’ Wallets at Risk

By Kelly McCutchen For centuries, too-good-to-be-true deals have snagged investors with promises that they can ignore past failures because “this time it will be different.” Peachtree City’s leaders appear to have been told a similar story. The Peachtree City city council approved a resolution last month to build out a government-owned broadband Internet network for municipal buildings and local businesses. The project will require a 10-year, $3.2 million bond issue to pay for the cost of laying fiber optic lines along the right-of-way of the city’s many golf cart paths. For those who don’t know their Georgia geography, Peachtree City is not a small, rural hamlet in the-middle-of-nowhere Georgia with limited broadband Internet access. It is located just 30 miles… View Article

How I Grew to Appreciate Entrepreneurs: I Met Some

By Jim Walker Oxford, Michigan, was a small farming community when I lived there during my childhood. After a Burger King arrived and we got our second stoplight, I thought we had hit the big time. My stay-at-home mom and schoolteacher dad had seven children; I was the third oldest. Our family had an abundance of love, and enough money to not be poor. But our finances were limited, and that created some stress. My dad scrounged for wood to heat the home, and drove used cars that were always in need of repair from the abuse they received on our dirt road. We bought bread from a bulk clearinghouse. The bread was past its expiration date, but it cost… View Article

What’s A Market-Oriented Think Tank?

Alejandro Chafuen writes in, “Thinking About Think Tanks: Which Ones Are The Best?” in Forbes magazine A “market-oriented” think tank is grounded on the reality that respect for private property within a context of rule of law with limited government has been the path for  the wealth of nations. Think tanks that are not market-oriented study how to redistribute wealth, how to increase taxation, or  the optimum rate of monetary debasement. Governments have typically relied on their own internal think tanks for that research, and complemented it by research from state-subsidized universities. Market-oriented think tanks focus on finding private solutions to public problems. Read more here.… View Article

The Gift That Keeps On Giving

Robert M. “Bob” Weekley, who died of pancreatic cancer in February 2015 at age 72, was an enthusiastic champion of the benefits of freedom to human flourishing. In 2010, he wrote, I personally give to a variety of causes … but I think my giving to free-market groups is the most important because it preserves the very foundation upon which all wealth is created, which in turn enables all the other philanthropies to continue to exist.  Here’s why he wrote that check: Reprinted from SPN News May/June 2010 issue By Robert M. Weekley If someone else is willing to do all the work, I should be willing to write the check. If the people who have benefited from this marvelous… View Article

The Georgia Public Policy Foundation has been doing important work for the free enterprise movement for the past 20 years.  I can assure you from the vantage of a non-profit think tank in Washington, D.C. with much the same principles as GPPF that the work we do simply would not be possible if it were not for the important work that GPPF does.  We see it, we understand it, it is an inspiration to us, it is the kind of thing that will translate into the important work that we can do in Washington, D.C.  We thank you very much for that.

Arthur Brooks, President, American Enterprise Institute (2011) more quotes