Tag: Economics
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WichitaLiberty.TV October 6, 2013
In this episode of WichitaLiberty.TV: The City of Wichita is owns a parking garage with retail space in a highly desirable downtown location. How is the city faring as landlord? Host Bob Weeks takes viewers on a video tour. Amanda BillyRock illustrates another chapter of “Economics in One Lesson” titled “The Curse of Machinery.” Then,…
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We could use the shutdown as a teachable moment
Markets can provide a very strong form of regulation, if we let them work.
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A learning opportunity for Wichita
Next month the Wichita Metro Chamber of Commerce brings a speaker to town who might be able to offer Wichita helpful advice.
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Business employment dynamics, a visualization
Besides the usual employment and jobs numbers delivered each month, there are other interesting statistics gathered about business firms and workers.
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WichitaLiberty.TV September 22, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks looks back at chapter 5 of “Economics in One Lesson,” about how taxes discourage production. Bob takes a look a recent Wichita economic development episode and wonders if the city is performing due diligence for its citizens. Then on to chapter 6 of “Economics in One Lesson”…
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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…
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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…
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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 –…
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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…
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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…
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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.”
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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…