Voice For Liberty

Tag: Economics

  • Introducing Economics in One Lesson

    In This Book is So Me, Walter Block introduces a book that I’ve quoted from and used extensively: Economics in One Lesson by Henry Hazlitt. Every widespread economic fallacy embraced by pundits, politicians, editorialists, clergy, academics is given the back of the hand they so richly deserve by this author: that public works promote economic…

  • Bryan Derreberry and the Chamber’s goals for Wichita

    When the head of a chamber of commerce speaks or writes, it pays to listen or read carefully. While chambers are nominally pro-business, that’s a long way from saying they’re pro-liberty. Instead, they increasingly exist to serve a narrow interest. Using words and language like “pride,” “community,” “investment,” and “economic development” — all words that…

  • Wichita Chamber of Commerce values

    Here’s a message that Bryan Derreberry, president of the Wichita Metro Chamber of Commerce, sent to Chamber members. Note that this message doesn’t mention the role its political action committee played in the third Sedgwick County Commission district. In that race, the PAC spent some $19,000 of its $48,000 in an effort to elect Goddard…

  • Pragmatism must recognize reality

    Any editorial that starts with “Karl Marx was right about at least one thing …” deserves close examination, especially when it appears in Kansas’ largest newspaper and is written by that newspaper’s former editor. The thrust of Davis Merritt’s article is that the theory of free markets hasn’t worked: “We’re painfully experiencing right now the…

  • Joe Scarborough: Please Stop Saying Laissez-faire

    I’m listening to Joe Scarborough on MSNBC, and he says: “Laissez-faire capitalism is a wonderful thing except in this case …” I’ve heard stuff like this over and over the past few months: A politician says “I’m a big free-market guy, but …” What’s sad to realize is that these people think that what we…

  • The Fallacy of “Green Jobs”

    Does climate change offer an opportunity to spend ourselves out of a possible recession? John Stossel doesn’t think so, and in his piece The Fallacy of “Green Jobs” he lays out the case. Key points: “The fallacy is the same in every case: Even if the program creates jobs building bridges or windmills, it necessarily…

  • United States Government Spending (dot com)

    I recently discovered usgovernmentspending.com. It seems like a great place to get data not only for the federal government, but for the states, too.

  • Pencils Reveal the Impossibility of Government Planning

    I, Pencil is one of the most important and influential writings that explain the necessity for limited government. A simple object that we may not give much thought to, the story of the pencil illustrates the importance of markets and the impossibility of centralized economic planning. The size and scope of government, both at the…

  • Problems with Wichita’s Economic Forecasts

    On October 7, 2008, the Center for Economic Development and Business Research at Wichita State University released a glowing economic forecast for the near future in Wichita. Events immediately following the release of this report, however, illustrate just how hard it is to forecast economic conditions. When policymakers rely on these reports, bad decisions are…

  • Why Austrian Economics Matters More Than Ever

    Here’s a talk recently delivered by Lew Rockwell, president of the Ludwig von Mises Institute. This organization remains the best place to learn about why our economy is in such trouble. The full speech can be read at Why Austrian Economics Matters More Than Ever. An excerpt: I report on this not so that we…

  • Wichita School Bond Economic Impact

    In February 2008, Janet Harrah of the Center for Economic Development and Business Research at Wichita State University produced a report titled “Wichita Public Schools: Impact Analysis Operations Impact, Bond Impact and Success Measures.” This report painted a glowing picture of the USD 259 (Wichita, Kansas public school district) bond issue in 2000. The district…

  • Pat Buchanan: Comrade Obama?

    Pat Buchanan’s recent column Comrade Obama? contains much I agree with, keeping me liking and admiring him, even through I disagree with a few of his positions. This column accurately describes the current political landscape, and it’s not complimentary to Barack Obama, Democrats, or Republicans. A few excerpts: Indeed, how do Republicans who call Obama…