Tag: Economics
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WichitaLiberty.TV: Schools and the nature of competition and cooperation, Wind power and taxes
A Kansas newspaper editorial is terribly confused about schools and the nature of competition in markets. Then, we already knew that the wind power industry in Kansas enjoys tax credits and mandates. Now we learn that the industry largely escapes paying property taxes.
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Wichita City Council fails to support informing the taxed
What does it say about Wichita’s economic development strategy that if you fully inform citizens and visitors, it renders a tool useless?
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State and local government employment levels vary
The states vary widely in levels of state government and local government employees, calculated on a per-person basis.
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State employment visualizations
There’s been dueling claims and controversy over employment figures in Kansas and our state’s performance relative to others. I present the actual data in interactive visualizations that you can use to make up your own mind.
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Recommended reading: Foundations of a Free Society
Described as “An introduction to the core principles that define a free society,” I highly recommend this short book.
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Alternative measures of unemployment
Besides the official unemployment rate that is the topic of news each month, the Bureau of Labor Statisticstracks and publishes five other series
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Special interests defend wind subsidies at taxpayer cost
The spurious arguments made in support of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom.
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The relevance of income tax rates
Data shows that high tax rates on top earners doesn’t mean that they actually pay taxes at correspondingly higher rates.
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The purpose of high tax rates on the rich
The purpose of high taxes on the rich is not to get the rich to pay money, it’s to get the middle class to feel better about paying high taxes.
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Economic development in Wichita, steps one and two
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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Viewing the seen and unseen
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.
