Tag: Economics

  • 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…

  • The harm of business welfare

    What is the effect of the issuance of business welfare in Wichita, of the intervention in the economy by politicians?

  • ‘Economics in One Lesson’ explains today’s economics

    Economics In One Lesson, first published in 1946 and reissued by the Ludwig von Mises Institute, explains common fallacies (false or mistaken ideas) that are particularly common in the field of economics and public policy.

  • 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.

  • Wichita airport statistics: the visualization

    While the program to reduce airfares in Wichita has probably met that goal, there have been consequences.

  • 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.

  • Wichita airfares, on the rise

    A survey shows that airfares in Wichita have both fallen and risen in recent years, even though the City of Wichita, Sedgwick County, and the State of Kansas spend millions each year to keep airfares low.

  • Local economic development incentives: The economic perspective

    Economist Russell Sobel spoke in Wichita on the topic of local economic development incentives.