Kansas and Wichita quick takes: Wednesday April 6, 2011

Economics in one lesson next week. On Monday, four videos based on Henry Hazlitt’s class work Economics in One Lesson will be shown in Wichita. The four topics included in Monday’s presentation will be The Lesson, The Broken Window, Public Works Means Taxes, and Credit Diverts Production. The event is Monday (April 11) at 7:00 pm to 8:30 pm at the Lionel D. Alford Library located at 3447 S. Meridian in Wichita. The library is just north of the I-235 exit on Meridian. The event’s sponsor is Americans for Prosperity, Kansas. For more information on this event contact John Todd at john@johntodd.net or 316-312-7335, or Susan Estes, AFP Field Director at sestes@afphq.org or 316-681-4415.

Opinion on tax levels. From Rasmussen, 64% Say Americans Are Overtaxed, Political Class Disagrees: “Roughly two-out-of-three voters think Americans are overtaxed, and nearly as many say any federal tax increase should be subject to a vote by the American people. … But the Political Class strongly disagrees. While 79% of Mainstream voters think Americans are overtaxed, 87% of those in the Political Class don’t share that assessment.” … Political class is a group Rasmussen defines by their answers to these questions: “Do they generally trust the judgment of America’s people or the judgment of its political leaders? Do they view the federal government as its own special interest group? Do they see big government and big business often working together against the interests of consumers and investors?” More on the political class is at 67% of Political Class Say U.S. Heading in Right Direction, 84% of Mainstream Disagrees.

Freedom leads to wealth and prosperity. Among the nations of the world, and among the states of the U.S., economic freedom leads to higher incomes and prosperity. Unfortunately, the City of Wichita has taken a step backwards in terms of economic freedom based on yesterday’s elections, and the long-term prosperity of our city is certain to suffer as a result. The state of Kansas suffers losses due to out-migration of people and income each year. This short video by Josh Hall explains. Summarizing, he says: “Individual freedom in economic life leads to economic progress. If you care about growth and prosperity, you can’t ignore the importance of economic freedom.” This video is available on YouTube through LearnLiberty.org, a site which has many other informative videos.

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