Tag: Interventionism
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Wichita’s benchmark not applicable to overlapping jurisdictions, it seems
The City of Wichita insists on a certain level of return on investment for its economic development incentives, but doesn’t apply that criteria to overlapping jurisdictions.
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End the wind production tax credit
If wind power cannot compete on its own after 20 years without costly special privileges, it never will, writes Lamar Alexander And Mike Pompeo.
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Renewables portfolio standard bad for Kansas economy, people
A report submitted to the Kansas Legislature claims the Kansas economy benefits from the state’s Renewables Portfolio Standard, but an economist presented testimony rebutting the key points in the report.
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WichitaLiberty.TV: Mike Pompeo on Russia, economic development incentives, and House of Cards
In this episode of WichitaLiberty.TV: United States Representative Mike Pompeo talks about Eastern Europe and Russia, economic development and incentives, and the Netflix television series House of Cards.
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Wichita economic development incentives: Do they help?
The Wichita City Council regularly awards economic development incentives. Are these incentives helpful, or not?
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Kauffman paper on local business incentive programs
The paper “Evaluating Firm-Specific Location Incentives: An Application to the Kansas PEAK Program,” from the Ewing Marion Kauffman Foundation introduces a proposed evaluation method and applies it to Promoting Employment Across Kansas (PEAK), one of that state’s primary incentive programs.
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Cronyism is welfare for rich and powerful, writes Charles G. Koch
The central belief and fatal conceit of the current administration is that you are incapable of running your own life, but those in power are capable of running it for you. This is the essence of big government and collectivism, writes Charles G. Koch.
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Viewing the seen and unseen
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.
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What type of watchdog are you?
To help citizens become government watchdogs, the Franklin Center for Government and Public Integrity is providing a new resource. It’s the Watchdog Quiz, and it will help you discover what type of role you will want to fill as a government watchdog.
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For Wichita’s economic development machinery, failure
Compared to a broad group of peer metropolitan areas, Wichita performs very poorly. As Wichita embarks upon a new era of economic development, we need to ask who to trust with this important task.
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Sedgwick County illustrates inefficiency of tax credit mechanism
Tax credits can be an inefficient way for government to distribute benefits, as illustrated by action the Sedgwick County Commission will consider today.
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Wichita Airport traffic: The video
To keep airfares low at the Wichita Airport, the Wichita City Council in partnership with Sedgwick County and the State of Kansas pays a discount air carrier to operate in Wichita. While the program almost certainly has the intended effect on airfares, there is another effect: The trend of flights and seats available in Wichita…