Tag: Interventionism
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Wichita income is not keeping up
Visioneering Wichita uses per capita income growth as one benchmark of economic progress. What do the numbers say about the city’s progress?
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Wichita Airport statistics: 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…
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Kansas Affordable Airfares program: Benefits and consequences
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 works with regard to airfares, there is another effect of the program: The trend of flights and seats available…
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The harm of business welfare
What is the effect of the issuance of business welfare in Wichita, of the intervention in the economy by politicians?
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It will be a busy Tuesday in Wichita
Tuesday’s meeting of the Wichita City Council is likely to take more than a few moments, as the agenda is loaded with items
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Laws that do harm
As we approach another birthday of Milton Friedman, here’s his column from Newsweek in 1982 that explains that despite good intentions, the result of government intervention often harms those it is intended to help.
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Wichita airport statistics: the visualization
While the program to reduce airfares in Wichita has probably met that goal, there have been consequences.
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Research on economic development incentives
All of the aforementioned studies, which find business location decisions to be favorably influenced by targeted tax incentives, also conclude that the benefits to the communities that offered them were less than their costs.