Tag: Economics
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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.
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Wichita airport statistics: the visualization
While the program to reduce airfares in Wichita has probably met that goal, there have been consequences.
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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.
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Local economic development incentives: The economic perspective
Economist Russell Sobel spoke in Wichita on the topic of local economic development incentives.
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Business tax credits more desired than zero tax rates
A Kansas business welfare program is more attractive and valuable than elimination of the Kansas corporate income tax, at least for some influential corporations in Kansas.
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Sedgwick is a red county in a pink state
Sedgwick County is bleeding income.
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Where is the downtown Wichita tax base?
There’s been much investment in downtown Wichita, we’re told, but the goal of increasing the tax base is farther away rather than closer.
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Wichita flight count continues decline
A program designed to bring low air fares to Wichita appears to meet that goal, but the unintended and inevitable consequences of the program are not being recognized. In particular, the number of flights available at the Wichita airport continues to decline.
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Wichita employment trends by industry
Wichita employment rises and falls by industry. Government employment usually rises.
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Minimum wage laws: Helpful or harmful?
What are the unseen effects of minimum wage laws?
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The candlemakers’ petition
The arguments presented in the following essay by Frederic Bastiat, written in 1845, are still in use in city halls, county courthouses, school district boardrooms, state capitals, and probably most prominently, Washington