Tag: Capitalism
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Regulation for the sake of business
There are many examples of how the conventional wisdom regarding regulation is wrong, That wisdom being Republicans and conservatives are in bed with government, seeking to unshackle business from the burden of government regulation. Democrats and liberals, on the other hand, are busily crafting regulations to protect the middle class from the evils of big…
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Rich States, Poor States 2012 edition released
This month American Legislative Exchange Council (ALEC) released the fifth edition of Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index. As in the past, Kansas performs in the middle of the pack in one measure, below average in another, with little or no progress achieved in making Kansas competitive with other states.
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Myth: Reliance on markets leads to monopoly
While many believe that free markets tend to produce monopolies, it is actually government that is the grantor and protector of monopoly rights. Market competition works against monopoly power.
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Myth: Markets promote greed and selfishness
Markets make it possible for the most altruistic, as well as the most selfish, to advance their purposes in peace, writes Tom G. Palmer.
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In Kansas, STAR bonds vote uplifted cronyism over capitalism
In Kansas, many purportedly fiscally conservative members of the House and Senate voted to uplift cronyism over capitalism by extending the STAR bonds program.
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Myth: Markets are immoral or amoral
Are markets moral or immoral? Tom G. Palmer responds to the myth that there is no morality in market exchange.
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Raising minimum wage not the solution
As calls mount to raise the federal minimum wage, we need to remember that this law — as well-intentioned as it may be — is not the solution to unemployment or raising the standard of living of workers.
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ALEC should resist liberal pressure groups
Liberals can’t stand American Legislative Exchange Council (ALEC) because it is a strong and influential advocate for free market and limited government principals in state legislatures, and as a result are smearing it with unfounded charges of racism.
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Thinking beyond stage one in economic development for Wichita
It’s hard to think beyond stage one. It requires considering not only the seen, but also the unseen, as Frederic Bastiat taught us in his famous parable of the broken window. But over and over we see how politicians at all levels of government stop thinking at stage one. This is one of the many…
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Kansas and Wichita quick takes: Monday April 2, 2012
Today: Action on sustainability; Economic development through competitiveness; Those populist Pachyderms; We just don’t understand, they say; Colleges indoctrinate students; Job creation; Markets: exploitation or empowerment?
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For Koch critics, facts aren’t part of the equation
A newspaper editorial begins with “What is it, or why is it, that the name Koch, particularly here in Lawrence and Kansas, seems to trigger such angry, passionate and negative responses from a certain segment of the community, particularly among some at Kansas University?” It’s a good question.
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Wind tax credits are government spending in disguise
Wind power tax credits are government spending in disguise, despite the mistaken beliefs of Kansas Governor Sam Brownback and U.S. Senator Jerry Moran of Kansas regarding the economic effect of tax credits that benefit the wind power industry.