April 9, 2012
It’s hard to think beyond stage one. It requires considering not only the seen, but also the unseen, as Frederic Bastiat taught us in his famous parable of the broken window. But over and over we see how politicians at all levels of government stop thinking at stage one. This is one of the many reasons why we need to return as much decision-making as possible to the private sector, and drastically limit the powers of politicians and governments.
Tagged as:
Capitalism,
Economic development,
Economics,
Interventionism,
Politics,
Subsidy,
Tax increment financing,
TIF districts,
Wichita city council,
Wichita city government
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