The economic success of the Texas Model’s limited government framework demonstrates that institutions matter for prosperity. But Texas must improve to remain competitive and support greater flourishing.
Key points:
- The Texas Model of limited government provides an institutional framework supporting more prosperity than frameworks allowing a more interventionist government in comparable states and the U.S.
- The Texas Model can and should be improved to remain competitive and support greater prosperity by reducing and eliminating government barriers to competition.
- By making these improvements, Texas will continue to prove that the American dream is not dead, it has simply moved to the Lone Star State.