Tag: Subsidy
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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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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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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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Change in needed in Wichita
Change is desperately needed in Wichita — change to allow exceptionalism and end failed economic subsidies.
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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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Wichita’s evaluation of development team should be reconsidered
The evaluation matrix released for a project to be considered next week by the Wichita City Council ought to be recalculated.
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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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Job creation and the snake oil of tax incentives
Job creation and the snake oil of tax incentives
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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.