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Business Perspectives
Quarterly magazine provides new and analysis of global, national and regional economies. It also covers topics of interest to business, education and government communities.
Articles from Vol. 14, No. 2, Spring
An Exercise for the Student: Implementing a State Lottery Scholarship Program
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Tennessee is in the midst of a budget crisis. That fact has been confirmed by fiscal experts and economists from this state and others. Last year's loss of Tennessee's cherished AAA bond rating is reflective of Standard and Poor's lack of confidence...
Pay Me Now or Pay Me Later: Tennesse Taxes and Economic Development
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The 2001 recession is history, and the recovery is under way. Positive news on worker productivity, profits, sales, inflation, and employment suggests that the recovery in 2002 may be gaining strength. And, the strong rebound of the stock market...
Standing at the Crossroads: Sorting Fact from Fiction in the Tax Debate
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Times have changed since I was first elected to the state legislature 20 years ago. In those days, you couldn't find a politician within shouting distance of Tennessee's capitol who would ever consider uttering the "T" word in public--that's "T"...
Tax Reform, Education, and the Future of Tennessee's Children
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Why do we need tax reform in Tennessee? This is a question I have answered hundreds of times in the past three years. My answer is simple: We need tax reform in Tennessee so that our children don't find themselves at the bottom of the ladder of...
Tennessee Taxes: An Interview with John G. Morgan, Tennessee Comptroller of the Treasury
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By now, most readers have heard that Tennessee inarguably faces a budget crisis. Just how bad is the forecast for the state? The Bureau contacted the Tennessee Comptroller of the Treasury and asked him this grim question and other matters of interest...
The Old College Try: Possibilities for Funding Higher Education
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Although many believe that Tennessee's taxes have only been a subject of debate since 1999, this budget battle has actually been waged for the past 75 years. My bet is that Tennessee will be facing similar issues in 2077. For now, however, we...
The States' Reaction to the Economic Climate: A Comparative Analysis
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Fiscal year 2000 signaled the peak of a record economic expansion. At the close of that fiscal year (June 2000), states reported a collective year-end balance of 10.4 percent, (1) the highest in 20 years. During 2000, state revenues grew by 8.0...
