Tag: 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.
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The candlemakers’ petition
The arguments presented in the following essay by Frederic Bastiat, written in 1845, are still in use in city halls, county courthouses, school district boardrooms, state capitals, and probably most prominently, Washington
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Kansas sales tax has disproportionate harmful effects
Kansas legislative and executive leaders must realize that a shift to consumption taxes must be accompanied by relief from its disproportionate harm to low-income households.