Tag: Free markets
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Markets could guide Wichita school district
Reduce either the number of administrators or their salaries, and that would make more money available for other things, such as teachers. Currently the district needs to cut its budget, however, so the savings would more likely be used to meet that demand. This brings up the broader question of staffing in the Wichita public…
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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.
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Kansas historic tax credits should end
The Wichita Business Journal reports that without historic tax credits, some redevelopment projects might stop. In other words — the Business Journal isn’t quite so blunt — if taxpayers don’t give developers money, some of their projects might not be economically feasible. Or so the developers say.
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Sedgwick County land development will harm private sector
As Sedgwick County considers whether to enter the industrial land development business, there are many considerations that must be weighed before proceeding. My greatest concern is the impact that government land development will have on the private sector in Wichita. … Government has advantages that the private sector doesn’t. It has access to free capital.…
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New audio version of “I, Pencil” makes case for freedom, not government planning
The Foundation for Economic Education has released a new audio version of the booklet I, Pencil. Written by FEE’s founder Leonard E. Read and first published in 1958, its message proclaiming the importance of freedom has not diminished with the passage of time. This audio recording, which you can listen to on your computer or…
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Opinion line makes me wonder again
Sometimes the Wichita Eagle Opinion Line makes me wonder. Here’s something from today’s collection: “Wanda Sykes should be given a $400 million contract and radio airtime opposite Rush Limbaugh. Let the free market and capitalism work, and we’ll see which one America really supports.”
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Here’s what the Wichita Chamber of Commerce could do
Today’s Wichita Eagle has a story wondering if economic conditions have affected local chambers of commerce. (Has economy affected area chambers?) The context of this, besides the current economic conditions, is the shift of the local chamber of commerce away from promoting free markets, limited government, and capitalism.
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How to create wealth and peace
In this short video, Milton Friedman explains how people — even those who might hate each other — cooperate peacefully through free markets, coordinated by the price system, to make the economy work. In conclusion, he says: “That is why the operation of the free market is so essential not only to promote productive efficiency,…
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Myths of Roosevelt and the New Deal presented in Wichita
Franklin D. Roosevelt’s economic policies during the New Deal years did more harm than good, says historian Burton W. Folsom.
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Articles of Interest
Wichita real estate development, redistricting, newspapers, free markets.
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Hartman Arena ribbon cutting today
Today was the ribbon cutting ceremony for Hartman Arena in Park City, just north of Wichita. This privately-owned arena should provide some competition to the Intrust Bank Arena in downtown Wichita. Note the wind turbine to the right (north) of the building. Normally the announcement of a facility like this would be welcomed by government…
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Articles of Interest
Stimulus, invisible hand, Kansas wind.