The University of Alaska's Institute of Social and Economic Research (ISER) released a new publication as a part of the the organization's 50th anniversary celebration. Author Scott Goldsmith points out that, over the last 10 years, a combination of high oil prices and revisions in Alaska's oil production taxes have caused state government revenues to "skyrocket" despite a 40% drop in oil production over the same time period. Goldsmith lays out a strong case for Alaskans to proactively manage our assets to ensure that Alaska has a good economic future not only for the current generation of Alaskans, but for generations to come. That will require long term thinking on the part of all Alaskans, but particularly by our elected officials. Read the publication here.
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