Tag: Economics
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In Kansas, PEAK has a leak
A Kansas economic development incentive program is pitched as being self-funded, but is probably a drain on the state treasure nonetheless.
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Government intervention may produce unwanted incentives
A Kansas economic development incentive program has the potential to alter hiring practices for reasons not related to applicants’ job qualifications.
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Tax increment financing (TIF) resources
Resources on tax increment financing (TIF) districts.
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Clawbacks illustrate difficulty of economic development
Politicians and government officials like clawbacks in economic development incentive agreements. But do these provisions have any negative aspects?
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Year in Review: 2014
Here is a sampling of stories from Voice for Liberty in 2014.
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Kansas is not an entrepreneurial state
The performance of Kansas in entrepreneurial activity is not high, compared to other states.
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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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Economic development in Wichita: Looking beyond the immediate
Decisions on economic development initiatives in Wichita are made based on “stage one” thinking, failing to look beyond what is immediate and obvious.
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Corporate income tax rates in U.S. do not help our economy
Over the past two decades most large industrial countries have reduced their corporate income tax rates. Two countries, however, stand out from this trend: France and The United States.
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Evaluating economic development incentives
The evaluation of economic development incentives requires thinking at the margin, not the entirety.
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What is the evidence on taxes and growth?
… results consistently point to significant negative effects of taxes on economic growth even after controlling for various other factors such as government spending, business cycle conditions, and monetary policy.
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Foundations of a Free Society
Freedom creates prosperity. It unleashes human talent, invention and innovation, creating wealth where none existed before, writes Eamonn Butler of the Adam Smith Institute.