Tag: Interventionism
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Wichita economic development not being managed
It is evident that The City of Wichita does not manage the results of its economic development efforts.
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For Wichita, more districts, more taxes, more bureaucracy
The Wichita City Council will consider formation of a committee to consider a new district, new taxes, and new bureaucracy in the form of a Tourism Business Improvement District
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WichitaLiberty.TV September 1, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks presents an analysis of the delinquent real estate tax list and wonders why our institutions don’t provide this simple enhancement. Then, a review of the first two chapters of “Economics in One Lesson” with application to situations in Wichita. Finally, Amanda BillyRock illustrates Chapter 3: Blessings Of…
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Wichita City Council makes an economic decision
The Wichita City Council was faced with a decision regarding a program designed to stimulate the sales of new homes.. Analysis revealed that even though the city had an opportunity to make an investment with a purportedly high return on investment, it would be better off, dollar-wise, if it did not make the investment. What…
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Seen and unseen on display
The lesson of the book “Economics in One Lesson” by Henry Hazlitt is this: “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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Incentive program ignores ‘One Lesson’
The lesson in the book “Economics in One Lesson” is “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.” A program implemented last year…
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WichitaLiberty.TV August 25, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks leads viewers through the first two chapters of Henry Hazlitt’s book “Economics in One Lesson,” using cartoons created by Amanda BillyRock. It’s about looking at not only the immediate effects but at the longer effects of any act or policy; and tracing the consequences of that policy…
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Do economic development incentives work?
On the three major questions — Do economic development incentives create new jobs? Are those jobs taken by targeted populations in targeted places? Are incentives, at worst, only moderately revenue negative? — traditional economic development incentives do not fare well.
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WichitaLiberty.TV August 18, 2013
In this episode of WichitaLiberty.TV, host Bob Weeks shows his “Prezi” that illustrates the disregard for the law shown by Wichita’s mayor. Then, Bob walks viewers through a visualization that illustrates the unintended consequences of government intervention at the Wichita Airport. Finally, Bob introduces Henry Hazlitt’s book “Economics in One Lesson,” which will be the…