Category: Economics
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In Wichita, pushing back at union protests
A Wichita automobile dealer is pushing back at a labor union that’s accusing the dealer of unfair labor practices.
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Alternative measures of unemployment
Besides the official unemployment rate that is the topic of news each month, the Bureau of Labor Statisticstracks and publishes five other series
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Special interests defend wind subsidies at taxpayer cost
The spurious arguments made in support of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom.
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Primary U.S. energy production by fuel source
Primary U.S. energy production by fuel source, an interactive visualization.
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Energy subsidies for electricity production
When comparing federal subsidies for the production of electricity, it’s important to look at the subsidy values in proportion to the amount of electricity generated, because the scales vary widely.
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American economy is more competitive and carbon-efficient, says economist
The oil and gas boom in America boosts our competitiveness in the world economy while at the same time reducing carbon emissions, says economist Stephen Moore.
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Viewing the seen and unseen
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.
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The war on poverty
What has been the result of America’s war on poverty?
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Government spending
Milton and Rose Friedman explain why government spending is wasteful, how it leads to corruption, how it often does not benefit the people it was intended, and how the pressure for more spending is always present.
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Walter Williams: How to do good
Economist Walter Williams told a Wichita audience that when government is used in an attempt to do good, it requires either elimination or attenuation of private property and market forces. But it is private property and the desire for more that motivates people to do difficult and laborious things that benefit their fellow man. It…
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The broken window fallacy revisited
Recently David M. Hart, Ph.D., who is Director of the Online Library of Liberty Project at the Liberty Fund, spoke in Wichita on the topic “Bastiat’s Lessons for the 21st Century: The Broken Window Fallacy Revisited (again and again).”