Free markets

Crony Chronicles: I Want To Be A Crony

Cronyism? "It's like having a best friend who gives you other peoples' stuff," says the young girl to the approval of her friend. We in Wichita know just how this works, and when given a chance, voters reject it. The video is a project of Crony Chronicles, which has developed into a top-notch resource for information on this harmful disease.
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Governor Romney is right: End the wind production tax credit

U.S. Representative Mike Pompeo, a Republican who represents the Kansas fourth district, contributes the following article on the harm of government involvement in energy markets, wind power specifically. Pompeo has written extensively on energy; see Pompeo on energy tax simplification, Era of energy subsidies is over, and Free market energy solutions don’t jeopardize national security. He has also introduced legislation to end all tax credits for energy, H.R. 3308: Energy Freedom and Economic Prosperity Act. There's been a steady drumbeat from those seeking an extension of the wind production tax credit. For many reasons, including some that former Massachusetts Gov.…
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Energy subsidies exposed

On the campaign trail, President Barack Obama calls for an end to energy subsidies for the fossil fuel industry. It turns out, however, that this industry receives relatively little subsidy, while the president's favored forms of energy investment -- wind and solar -- receive much more. Additionally, coal, oil, and gas industries paid billions in taxes to the federal government, while electricity produced by solar and wind are a cost to taxpayers. Saturday's Wall Street Journal piece The Energy Subsidy Tally: Wind and solar get the most taxpayer help for the least production gathers the facts: "The nearby chart shows…
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Kansas Economic Freedom Index, 2012 Edition

Today marks the release of the 2012 edition of the Kansas Economic Freedom Index. The Index examines votes made by members of the Kansas Legislature based on the impact the proposed legislation has on free markets and the constitutional principles of individual liberty and limited government. Based on their votes, legislators earn scores that illuminate their support of -- or opposition to -- these principles of economic freedom. The Kansas Economic Freedom Index is produced by Americans for Prosperity--Kansas, Kansas Policy Institute, and Voice for Liberty in Wichita. It is intended to provide educational information to the public about broad…
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Pickens’ NATGAS act sponsor defeated

A congressional primary election served as a barometer of public sentiment on energy policy and government interventionism into free markets. In yesterday's Oklahoma primary elections, Jim Bridenstine defeated 10-year incumbent John Sullivan in a Republican primary for U.S. House of Representatives, first district. The difference between the two candidates, as reported by the Tulsa World, boiled down to supporting or opposing H.R. 1380: New Alternative Transportation to Give Americans Solutions Act of 2011, or NAT GAS act. The bill provides a variety of subsidies, implemented through tax credits, to producers and users of natural gas. The legislation's purpose is to…
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Are you in the top 1%?

Most Americans would be surprised to learn that they are, in fact, in the top one percent of income -- when the entire world is considered. It is economic freedom in America that has been responsible for this high standard of living. But America's ranking among the countries in economic freedom has declined, and may fall further. View the 60-second video at Economic Freedom in 60 Seconds, or click below.
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Myth: Markets can solve all problems without government at all

When thinking about the difference between government action and action taken by free people trading voluntarily in markets, we find that many myths abound. Tom G. Palmer, who is Vice President for International Programs at the Atlas Economic Research Foundation, General Director of the Atlas Global Initiative for Free Trade, Peace, and Prosperity, a Senior Fellow at the Cato Institute, and Director of Cato University, has written an important paper that confronts these myths about markets. The twentieth myth -- Markets Can Solve All Problems without Government at All -- and Palmer's refutation is below. The complete series of myths…
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Myth: All relations among humans can be reduced to market relations

When thinking about the difference between government action and action taken by free people trading voluntarily in markets, we find that many myths abound. Tom G. Palmer, who is Vice President for International Programs at the Atlas Economic Research Foundation, General Director of the Atlas Global Initiative for Free Trade, Peace, and Prosperity, a Senior Fellow at the Cato Institute, and Director of Cato University, has written an important paper that confronts these myths about markets. The nineteenth myth -- All Relations Among Humans Can Be Reduced to Market Relations -- and Palmer's refutation is below. The complete series of…
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Myth: Privatizaton and marketization in post-communist societies were corrupt, which shows that markets are corrupting

When thinking about the difference between government action and action taken by free people trading voluntarily in markets, we find that many myths abound. Tom G. Palmer, who is Vice President for International Programs at the Atlas Economic Research Foundation, General Director of the Atlas Global Initiative for Free Trade, Peace, and Prosperity, a Senior Fellow at the Cato Institute, and Director of Cato University, has written an important paper that confronts these myths about markets. The eighteenth myth -- Privatizaton and Marketization in Post-Communist Societies Were Corrupt, Which Shows that Markets Are Corrupting -- and Palmer's refutation is below.…
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Myth: When prices are liberalized and subject to market forces, they just go up

When thinking about the difference between government action and action taken by free people trading voluntarily in markets, we find that many myths abound. Tom G. Palmer, who is Vice President for International Programs at the Atlas Economic Research Foundation, General Director of the Atlas Global Initiative for Free Trade, Peace, and Prosperity, a Senior Fellow at the Cato Institute, and Director of Cato University, has written an important paper that confronts these myths about markets. The seventeenth myth -- When Prices are Liberalized and Subject to Market Forces, They Just Go Up -- and Palmer's refutation is below. The…
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