Tag: Economic development
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For Wichita, more districts, more taxes, more bureaucracy
The Wichita City Council will consider formation of a committee to consider a new district, new taxes, and new bureaucracy in the form of a Tourism Business Improvement District
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Wichita economic development: And then what will happen?
Critics of the economic development policies in use by the City of Wichita are often portrayed as not being able to see and appreciate the good things these policies are producing, even though they are unfolding right before our very eyes. The difference is that some look beyond the immediate — what is seen –…
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Wichita City Council makes an economic decision
The Wichita City Council was faced with a decision regarding a program designed to stimulate the sales of new homes.. Analysis revealed that even though the city had an opportunity to make an investment with a purportedly high return on investment, it would be better off, dollar-wise, if it did not make the investment. What…
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Be wary of expanding Wichita transit spending
Wichita should make sure all facts are known before making decisions on transit.
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Seen and unseen on display
The lesson of the book “Economics in One Lesson” by Henry Hazlitt is this: “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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Incentive program ignores ‘One Lesson’
The lesson in the book “Economics in One Lesson” is “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.” A program implemented last year…
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WichitaLiberty.TV August 25, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks leads viewers through the first two chapters of Henry Hazlitt’s book “Economics in One Lesson,” using cartoons created by Amanda BillyRock. It’s about looking at not only the immediate effects but at the longer effects of any act or policy; and tracing the consequences of that policy…
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Do economic development incentives work?
On the three major questions — Do economic development incentives create new jobs? Are those jobs taken by targeted populations in targeted places? Are incentives, at worst, only moderately revenue negative? — traditional economic development incentives do not fare well.
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Wichita income is not keeping up
Visioneering Wichita uses per capita income growth as one benchmark of economic progress. What do the numbers say about the city’s progress?
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Change in needed in Wichita
Change is desperately needed in Wichita — change to allow exceptionalism and end failed economic subsidies.
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WichitaLiberty.TV August 11, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks asks if shoppers have ever paid extra sales tax in Wichita’s Community Improvement Districts, and describes efforts by the city to avoid disclosure of this tax. Then, are there similarities between Wichita and Detroit? Finally, a Sedgwick County Commissioner is worried about agriculture being driven out of…
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Wichita job growth under the Visioneering/Brewer regime
Wichita has set ambitious goals in job growth, but it doesn’t seem that the Visioneering program has produced results. But apparently Wichita government officials are satisfied.