Despite pension fund investment gains in 2010, taxpayers still owe state and municipal workers trillions of dollars for promised benefits no matter how much funds earn during the next 30 years.
Posts published in “Economics”
Another round of expansionist monetary policy in the form of quantitative easing 3 could be on the way.
Television personality Lou Dobbs promotes an economic fallacy: that destruction holds the seeds of economic progress.
Speculators are selfish people, acting only to make as much profit as possible for themselves without concern for the welfare of others. By doing so, they provide a valuable public service.
Welcome to the new world of economic development -- playing brinkmanship with job, writes Wichita state University's H. Edward Flentje.
Supporters of tax increment financing, or TIF, claim that it has no costs. This is true only if one ignores their secondary effects and economic reality.
Despite poor economics, wind power again reaps taxpayer subsidy.
The economics of wind power should cause us to question the wisdom of Kansas and Wichita pursuing it as an economic development strategy.
Wichita-based Koch Industries has grown during the recent recession by looking for companies with long-term value that will fit in with Koch's company culture.
Last Friday’s meeting (December 10) of the Wichita Pachyderm Club featured noted Cato Institute scholar, Principal Attorney at the Pacific Legal Foundation, and author Timothy…
On Monday October 11, the video "The Power of the Poor" will be shown in Wichita, with discussion following.
Politicians and interest groups claim higher taxes are necessary because it would be impossible to cut spending by enough to get rid of red ink. This Center for Freedom and Prosperity video shows that these assertions are nonsense. The budget can be balanced very quickly by simply limiting the annual growth of federal spending.
The new website Bankrupting America features a video presentation of poll results that reveal that a strong majority of Americans -- seven out of ten -- feel that government spending is too high, and nearly as many say this spending affects them personally.
Last week USA Today carried an editorial by an Alexandria, Virginia school teacher that contains an unfortunate misunderstanding of the term competition as it applies to economics and education.
In the five years since Hurricane Katrina flooded New Orleans, some $15 billion has been spent rebuilding and strengthening that city's flood defenses. The goal is to protect against the loss of life and property that happened in 2005 when the levies failed.