Regulation

Could drug price regulation produce good and not harm?

Could drug price regulation produce good and not harm?

A sampling of criticism of drug price controls. Trump’s Drug Price Control Orders Are Bound to Backfire At a White House gathering last Friday, President Trump announced four new executive orders intended to restrict the ways pharmaceutical companies set the price of prescription drugs. He signed and issued three that day and promised to issue a fourth if drug industry representatives don’t agree to massive price controls at a meeting tomorrow. Seemingly oblivious to the fact that just eight days earlier he staged a highly publicized press conference to explain how regulation often does more harm than good and portray…
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Net neutrality, regulation, and the internet

Dr. Theodore Bolema is founding director of the Institute for the Study of Economic Growth at Wichita State University and member of the Department of Economics at Wichita State University. On November 8, 2019 he spoke at the Wichita Pachyderm Club on the topics of net neutrality and regulation of the internet. View below, or click here to view at YouTube. Video production by Paul Soutar.
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Regulation in Wichita, a ‘labyrinth of city processes’

Regulation in Wichita, a ‘labyrinth of city processes’

Wichita offers special regulatory treatment for special circumstances, widening the gulf between the haves and have-nots. The Wichita Eagle reports that part of what the City of Wichita is offering to Cargill as an inducement to stay in Wichita is regulatory relief.[1. Rengers, Carrie. City offers Cargill tax abatement, parking garage financing. Wichita Eagle, June 6, 2016. Available at www.kansas.com/news/business/article82076122.html.] In particular: The city has offered smaller incentives to Cargill as well, including an ombudsman. [Wichita assistant city manager and director of development Scot] Rigby called the ombudsman something of a project manager. “They’ll just call one person,” Rigby said…
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Federal rules serve as ‘worms’ buried in promises of ‘free money’

Federal rules serve as ‘worms’ buried in promises of ‘free money’

An often unappreciated mechanism throughout the Kansas budget severely limits the ability of legislators and governors to adapt to changing state priorities. A new paper from Kansas Policy Institute explains. Federal Rules Serve as "Worms" Buried in Promises of "Free Money" Mandates remove state control of budgets, exemplify increasing federal overreach July 30, 2015 -- Wichita -- An often unappreciated mechanism throughout the Kansas budget severely limits the ability of legislators and governors to adapt to changing state priorities. These Maintenance of Effort (MOE) requirements are highlighted in a new paper by Kansas Policy Institute and is authored by former…
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Westar: First, control blatant waste

Westar: First, control blatant waste

As our electric utility asks for a rate increase, let's first ask that it stop blatant waste. Westar, our state-regulated electric utility, is asking for a rate increase. As part of any increase, we ought to insist that the utility do a better job of controlling blatant waste. Streetlights burning unnecessarily in the middle day in downtown Wichita is an ongoing problem. See In Wichita, wasting electricity a chronic problem and Waste in Wichita, the seen and probably unseen for examples. The problem may not be solved soon. No one has much motivation to solve the problem. The city pays…
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