Tag: Economics
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Introduction to Austrian Economics
“For Austrians, on the other hand, man is a purposeful being. … He has spirit and will.” The author of these remarks, Dr. Richard Ebeling, delivered a lecture on Austrian Economics to an audience in Wichita.
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Austrian economics to be explained
A breakfast meeting in Wichita features Richard M. Ebeling, Ph.D. speaking on Austrian Economics.
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Quarterly gross domestic product by state
The U.S. Bureau of Economic Analysis (BEA) is releasing prototype quarterly gross domestic product (GDP) by state statistics for 2005–2014. Here is an interactive visualization.
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Some good news on federal spending
According to Dan Mitchell, “First, we made a lot of fiscal progress between 2009 and 2014 because various battles over debt limits, shutdowns, and sequestration actually did result in real spending discipline.” Couple that with some (slow) growth in the economy, and as a result, federal spending as a percentage of GDP has declined.
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The Kansas economy and agriculture
There’s no need for Kansas state government to exaggerate the value of agriculture to the Kansas economy.
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Cost of restoring quality of life spending cuts in Sedgwick County: 43 deaths
An analysis of public health spending in Sedgwick County illuminates the consequences of public spending decisions. In particular, those calling for more spending on zoos and arts must consider the lives that could be saved by diverting this spending to public health, according to analysis from Kansas Health Institute.
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In Sedgwick County, a moral crusade
In Sedgwick County the debate over the budget has the dimension of a moral crusade, except for one thing.
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In Wichita, an incomplete economic development analysis
The Wichita City Council will consider an economic development incentive based on an analysis that is nowhere near complete.
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Friedman: Laws that do harm
As we approach another birthday of Milton Friedman, here’s his column from Newsweek in 1982 that explains that despite good intentions, the result of government intervention often harms those it is intended to help.
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Friedman: The fallacy of the welfare state
A simple classification of government spending shows why the process leads to undesirable results, explain Milton and Rose Friedman.
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‘Love Gov’ humorous and revealing of government’s nature
A series of short videos from the Independent Institute entertains and teaches lessons at the same time.
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Airport statistics
Updated charts of flights and passengers for Wichita and the U.S.