Tag: Economics

  • Defending insider trading

    Insider trading is almost universally judged to be bad. Company insiders, using information not available to the public, making stock trades and usually very high profits: Is that fair? How could allowing abuse like this be beneficial? But if you value the importance of prices as conduits of information, allowing insider trading makes a lot…

  • John A. Allison: The current problem, and what to do

    Last Thursday, John A. Allison visited Wichita to address the annual economic outlook conference produced by the Center for Economic Development and Business Research (CEDBR) at Wichita State University. Allison is chairman and former CEO of BB&T Corporation, the nation’s 10th largest financial-holding company. Its headquarters are in Winston-Salem, North Carolina. His talk first diagnosed…

  • ‘Battle for the World Economy’ to be presented in Wichita

    AFP — Kansas presents a new luncheon video series: “Commanding Heights: the Battle for the World Economy.” The video will be shown, and there there is time for discussion.

  • Causes of global finance crisis explained in Wichita

    Today, an audience of 600 business and civic leaders attended the 30th annual Economic Outlook Conference at Century II, sponsored by the Center for Economic Development and Business Research (CEDBR) at Wichita State University. The featured speaker was John A. Allison, chairman and former CEO of BB&T Corporation, the nation’s 10th largest financial-holding company. Its…

  • Articles of Interest

    Wichita airport, golf, Sweden’s economy, federal government hiring needs, depression.

  • John Stossel to speak in Wichita

    ABC television journalist and author John Stossel will be in Wichita on October 12 to deliver a lecture as part of Wichita State University’s Elliott School of Communications 20th anniversary celebration.

  • 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.

  • 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…

  • 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…

  • 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?

  • 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…

  • 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.