Tag: Economics
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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?
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Articles of Interest
Global warming alarmist James Hansen, inflation, Facebook, paygo deception.
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Government health care rations by making patients wait
David Gratzer, a physician born and raised in Canada, gives us in the United States a preview of what government health care is all about: the waiting. He ends up asking “Why are [Americans] rushing into a system of government-dominated health care when the very countries that have experienced it for so long are backing…
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More myths of green jobs
On its surface, a seemingly strong argument for adopting a national policy of increasing reliance on renewable energy is all the jobs and economic growth that will result. It’s claimed by some that the switch to so-called “green” sources of energy will pay for itself this way.
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Seven principles of sound public policy
Lawrence W. Reed, now the president of the Foundation for Economic Education, has a short booklet available that can help citizens analyze whether a government policy is sound. Titled Seven Principles of Sound Public Policy, it’s a comfortably short pamphlet of just 11 pages. But it’s full of a lot of wisdom.