If Texas were to institute a universal Education Savings Account (ESA) program, Dr. Patrick Wolf of the University of Arkansas argues that by 2022 it would generate an additional 11,809 high school graduates. Having more high-school educated students would be good for Texas. These individuals would, on average, make more money (and thus pay more in taxes), be less likely to get into contact with the criminal justice system or end up on public assistance, and would live longer, healthier lives. This paper looks into the long term fiscal effects of the rise in the number of high school graduates from the program. In total, it estimates over $5 billion in benefits shared by participants of the program and society at large.
An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan
An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan And Alternative Approaches to Enable Cost-Effective Growth WRITTEN BY Brent Bennett, Ph.D. Download the full research paper here. KEY POINTS • The need for the 765-kV STEP is driven by an overbuilding of wind and solar across Texas, particularly in West Texas and South Texas,...