Tag: Economics
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Remembering Rose Friedman
Today we learn that Rose Friedman has died. The Friedman Foundation for Educational Choice has a notice at Remembering Rose Friedman. Also Reason has Rose Friedman, R.I.P.
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Public effort should benefit all taxpayers, not a select few
A recent Wichita Eagle commentary by Doug Stanley, vice chairman of the Greater Wichita Economic Development Coalition, made the case for government to invest taxpayer money in developing “shovel-ready” sites to attract a wide range of new employers, especially large industrial and manufacturing companies. He says consultants who work with large employers on site selection…
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Wichita needs a bargain on parks maintenance
As the City of Wichita struggles to make its budget work, one proposal is to reduce the number of parks workers, replacing them with contract workers. The city believes it could save $1 million per year. Parks workers and the union officials that represent them are opposed to this plan. Taxpayers, however, should be relieved…
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Profit motive in health care is essential
I wonder: who has the greater incentive to avoid wasting money on useless overhead? The government, or a private company who can keep the money saved as profits?
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How will government run our health care?
Other than the source of its premiums, Medicare is no different, economically, than a regular health-insurance company. But unlike, say, UnitedHealthcare, it is a bureaucracy-beclotted nightmare, riven with waste and fraud. Last year the Government Accountability Office estimated that no less than one-third of all Medicare disbursements for durable medical equipment, such as wheelchairs and…
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Road to prosperity for Kansas to be examined in Wichita
At this Friday’s meeting of the Wichita Pachyderm Club, Dave Trabert, President of the Flint Hills Center for Public Policy will explain the ideas and concepts presented in Friedrich Hayek’s monumental work The Road to Serfdom.
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Wichita parks system is not a jobs program
The city has a responsibility to its citizens to operate as efficiently as possible. If it is possible to have work such as park maintenance done less expensively, the city should do so. It should have done so long ago.
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Decisions made through politics leads to conflict
A column by economist Walter E. Williams (Why we’re a divided nation) strongly makes the case for more decision-making by free markets rather than by the government through the political process.
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It’s time to audit the Federal Reserve Bank
The secretive FR [Federal Reserve] is a monetary oligarchy and an unelected monopoly that has control of credit, interest, volume and value of our currency. Until the people regain control of their money, bankers and not the government, will control the situation and our property,” says Al Terwelp, Vice Chair of the Libertarian Party of…
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Prices ration scarce goods
When something is in in short supply, something must decide who gets the good, and who doesn’t. One way is for government to decide, and the other way is for people to decide cooperatively, through the price mechanism.
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Kansas loses private sector jobs as government grows
Today the Flint Hills Center for Public Policy reports on the rapid growth in government jobs in Kansas. This is taking place at a time when the private sector is rapidly shedding jobs. “Kansas continues to lose jobs in the private sector as the number of government employees grows. According to the U.S. Bureau of…
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Maybe props are stimulus, too
The Kansas Meadowlark wonders about construction equipment moved into place apparently just for effect: Tax dollars for props for Biden’s visit to Overland Park? Wasteful spending for Biden to avoid?