Tag: Economics
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Kerr’s attacks on Pompeo’s energy policies fall short
An op-ed written in favor of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom.
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On sweatshops, Romney is right
In the recently-released recording of Mitt Romney talking to donors, the “47 percent” remarks are not all the left is pummeling Romney with: Misinformed beliefs about sweatshops contribute, too.
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Special interests will capture south-central Kansas planning
Special interest groups are likely to co-opt the government planning process started in south-central Kansas as these groups see ways to benefit from the plan. The public choice school of economics and political science has taught us how special interest groups seek favors from government at enormous costs to society, and we will see this…
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Charles Koch: The importance of economic freedom
Charles Koch explains the importance of economic freedom for everyone.
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Wichita-area economic development policy changes proposed
Wichita and Sedgwick County are considering revising the economic development policies.
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Kansas STAR bonds vote tests beliefs in capitalism, economic freedom
An upcoming vote in the Kansas Legislature, possibly today, will let Kansans know who is truly in favor of economic freedom, limited government, and free market capitalism — and who favors crony capitalism instead.
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Myth: Markets can solve all problems without government at all
In much of the world, perhaps all of it, the basic problem is not only that governments do too much, but also that they do too little. But as they cease doing what they ought not to do, governments should start doing some of the things that would in fact increase justice and create the…
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Myth: All relations among humans can be reduced to market relations
Attempting to reduce all actions to a single motivation falsifies human experience. Not all human relationships are reducible to the same terms as markets; at the very least, those that involve involuntary “exchanges” are radically different, because they represent losses of opportunity and value, rather than opportunities to gain value.
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Kansas and Wichita quick takes: Thursday May 10, 2012
Today: Kansas tax reform; School funding; Separation of art and state; Stimulus spending; Elizabeth Warren; Drug court to be Pachyderm topic; Failure of socialism to be shown; Yes we can! No they can’t!
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Myth: Privatizaton and marketization in post-communist societies were corrupt, which shows that markets are corrupting
Mere “privatization” in the absence of a functioning legal system is not the same as creating a market. Markets rest on a foundation of law; failed privatizations are not failures of the market, but failures of the state to create the legal foundations for markets.