Category: Economics
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Quarterly gross domestic product by state
The U.S. Bureau of Economic Analysis (BEA) is releasing prototype quarterly gross domestic product (GDP) by state statistics for 2005–2014. Here is an interactive visualization.
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Some good news on federal spending
According to Dan Mitchell, “First, we made a lot of fiscal progress between 2009 and 2014 because various battles over debt limits, shutdowns, and sequestration actually did result in real spending discipline.” Couple that with some (slow) growth in the economy, and as a result, federal spending as a percentage of GDP has declined.
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Michael Tanner: Going for Broke: Deficits, Debt and the Entitlement Crisis
Cato Institute Senior Fellow Michael Tanner speaks about his new book, “Going for Broke: Deficits, Debt and the Entitlement Crisis,” at a luncheon of the Wichita Pachyderm Club, July 31, 2014.
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Friedman: The fallacy of the welfare state
A simple classification of government spending shows why the process leads to undesirable results, explain Milton and Rose Friedman.
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Airport statistics
Updated charts of flights and passengers for Wichita and the U.S.
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The candlemakers’ petition
The arguments presented in the following essay by Frederic Bastiat, written in 1845, are still in use in city halls, county courthouses, school district boardrooms, state capitals, and probably most prominently, Washington
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Corporate income tax rates in U.S. and other countries
Over the past two decades most large industrial countries have reduced their corporate income tax rates. Two countries, however, stand out from this trend: France and The United States.
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Spending in the states, a visualization
An interactive visualization of state spending per person.
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Kansas cuts taxes and expands the economy
Ernie Goss is Professor of Economics at Creighton University and an expert on the Midwest economy. Following is his assessment of the Kansas economy in recent years.
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Kansas Center for Economic Growth: Show us the math
Why won’t Kansas Center for Economic Growth show its calculations and explain its data sources? Dave Trabert of Kansas Policy Institute explains.
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Kansas and U.S. economic dashboard
A collection of charts comparing aspects of Kansas and its economy to the United States.
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‘Trillion Dollar Economists’ presented
Last week Robert E. Litan delivered a very interesting talk to the Wichita Pachyderm Club. The talk was based on his recent book Trillion Dollar Economists: How Economists and Their Ideas have Transformed Business. View video below, or click here to view at YouTube. Video production by Paul Soutar.