Tag: Economics
-
WichitaLiberty.TV September 15, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks reviews chapter 4 of “Economics in One Lesson,” about how public works mean taxes, and efforts to create jobs through spending on public works do more ham than good, if the public asset is not truly needed. The tax used to build the Instrust Bank Arena in…
-
WichitaLiberty.TV September 8, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks wonders if Wichitans will be asked to support increased sales taxes, especially for supporting bus transit. But do we really want more buses and fewer personal automobiles? Amanda BillyRock illustrates “Economics in One Lesson” Chapter 4, which is titled “Public Works mean Taxes.” Then, Bob’s video illustrates…
-
Wichita economic development: And then what will happen?
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 –…
-
WichitaLiberty.TV September 1, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks presents an analysis of the delinquent real estate tax list and wonders why our institutions don’t provide this simple enhancement. Then, a review of the first two chapters of “Economics in One Lesson” with application to situations in Wichita. Finally, Amanda BillyRock illustrates Chapter 3: Blessings Of…
-
Wichita City Council makes an economic decision
The Wichita City Council was faced with a decision regarding a program designed to stimulate the sales of new homes.. Analysis revealed that even though the city had an opportunity to make an investment with a purportedly high return on investment, it would be better off, dollar-wise, if it did not make the investment. What…
-
Seen and unseen on display
The lesson of the book “Economics in One Lesson” by Henry Hazlitt is this: “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.”
-
Incentive program ignores ‘One Lesson’
The lesson in the book “Economics in One Lesson” is “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.” A program implemented last year…
-
WichitaLiberty.TV August 25, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks leads viewers through the first two chapters of Henry Hazlitt’s book “Economics in One Lesson,” using cartoons created by Amanda BillyRock. It’s about looking at not only the immediate effects but at the longer effects of any act or policy; and tracing the consequences of that policy…
-
WichitaLiberty.TV August 18, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks shows his “Prezi” that illustrates the disregard for the law shown by Wichita’s mayor. Then, Bob walks viewers through a visualization that illustrates the unintended consequences of government intervention at the Wichita Airport. Finally, Bob introduces Henry Hazlitt’s book “Economics in One Lesson,” which will be the…
-
Wichita income is not keeping up
Visioneering Wichita uses per capita income growth as one benchmark of economic progress. What do the numbers say about the city’s progress?
-
Wichita Airport statistics: The video
To keep airfares low at the Wichita Airport, the Wichita City Council in partnership with Sedgwick County and the State of Kansas pays a discount air carrier to operate in Wichita. While the program almost certainly has the intended effect on airfares, there is another effect: The trend of flights and seats available in Wichita…
-
Kansas Affordable Airfares program: Benefits and consequences
To keep airfares low at the Wichita Airport, the Wichita City Council in partnership with Sedgwick County and the State of Kansas, pays a discount air carrier to operate in Wichita. While the program almost certainly works with regard to airfares, there is another effect of the program: The trend of flights and seats available…