Preferred Shopping Times, 2015 View image | gettyimages.com The Friday FW poll asks about how you’ll shop over the weekend. It’s third year that I’ve run this poll (versions of it ran in 2012 and 2013). Let’s see how this year’s answers compare with those earlier versions. (Multiple selections are possible for those who’ll shop in…
Business
Business, Economy, Free Markets, Good Ideas, Hip & Prosperous, Restaurant
Shop Small on Saturday, November 28, 2015
by JOHN ADAMS •
If you’re out and about on Saturday, I hope you’ll shop at some of the many independent, small merchants of Whitewater. You’ll find a wide selection of items for purchase as gifts, and good restaurants at which to eat while shopping during the day. Best wishes to all for a happy and prosperous season —…
Business, CDA, City, Corporate Welfare, Economy, Government Spending, Local Government
On Big Banks, Big Businesses
by JOHN ADAMS •
In the video above, Sec. Clinton tells Steven Colbert that she’d let big banks fail. There’s something in her (briefly stated) position for a libertarian to admire, although other points to doubt. (I’d not urge breaking banks up, but would surely urge government to allow large banks or businesses to fail. Clinton, admittedly, is referring…
Beautiful Whitewater, Business, Food, Hip & Prosperous, Restaurant
Restaurants Transform a City
by JOHN ADAMS •
Whitewater is a small city, not a California metropolis, but even a prosperous place like San Francisco benefits from a growing restaurant culture: SAN FRANCISCO — For decades, as this city polished its reputation as an essential food destination, a stretch of Market Street just a short stroll from the groundbreaking Zuni Café remained stubbornly…
Business, CDA, City, Economy, Government Spending, Local Government, State Government
Gov. Thompson Rejects WEDC-Style Loans
by JOHN ADAMS •
Republican Tommy Thompson, who served for fourteen years as governor, has written in opposition to the Wisconsin Economic Development Corporation’s loan program. It’s the right position to take, and shows that Thompson understands the problems with WEDC. Explicitly, Gov. Thompson’s opposition to WEDC-style loans includes local communities’ doling of loans through their own programs. (Whitewater’s Community…
Blogging, Business, CDA, City, Free Markets, Gluttony, Local Government, New Media, New Whitewater, Politics
If Market-Based Solutions Are Superior to Cronyism, Why Are There So Many Cronies?
by JOHN ADAMS •
Here’s a question, concerning even small towns like Whitewater, for which the Financial Times publishes an answer: If market-based solutions are superior to cronyism, why are there so many cronies? First, there aren’t that many cronies (or insistent insiders) in Whitewater or elsewhere, but the few there are manipulate or intimidate weak reporters at local papers into representing their numbers as…
Business, Corporate Welfare, Development, Economics, Economy, Liberty, Local Government, WEDC
Business v. Free Markets
by JOHN ADAMS •
Over at Cato, David Boaz writes about The Divide between Pro-Market and Pro-Business. (I’ve also linked to Boaz’s post at my libertarian website, Daily Adams.) Boaz observes that, too often, business (especially big business) is an opponent of free markets: In 2014 big business opposed several of the most free-market members of Congress, and even a Ron Paul-aligned…
Business, Food, Restaurant
The End of Tipping?
by JOHN ADAMS •
View image | gettyimages.com I’m not sure what to make of this, but New York restaurateur Danny Meyer contends that ending tipping at his establishments is the right decision: Big news out of Manhattan: Dining out is about to get turned on its head. Union Square Hospitality Group, the force behind some of New York’s…
Business, Restaurant, Technology
Are Automats Restaurants?
by JOHN ADAMS •
There’s a story over at the New York Times about a new business in San Francisco, Eatsa, that’s like an old-fashioned automat: “[a]t this restaurant, customers order, pay and receive their food and never interact with a person.” See, Restaurant of the Future? Service With an Impersonal Touch @ NYT. (The story’s somewhat puzzling because reporter Claire…
Business, Corporate Welfare, Gluttony, Government Spending, WEDC
The New Crony Capitalist
by JOHN ADAMS •
Gov. Scott Walker on Thursday appointed banking executive and frequent GOP donor Mark Hogan to lead the state’s troubled job-creation agency [WEDC]….. M&I Bank faced its own problems several years ago with bad loans and a crashing stock price and ended up being absorbed by BMO Harris of Canada in 2011. M&I loan losses during…
Business, Film, Nature
Diving for Scallops
by JOHN ADAMS •
Business, Corporate Welfare, Gluttony, Government Spending, WEDC
WEDC Leader Quits: “It is time for me to return to my previous retired status”
by JOHN ADAMS •
Having presided over the national embarrassment that is the Wisconsin Economic Development Corporation, WEDC leader Reed Hall now heads for the exit: The state’s top economic development agency, stung by a series of scathing audits, media reports about questionable loans and accusations of mismanagement, is once again seeking new leadership. After three years steering…
Business, Restaurant
The Restaurant Failure Rate, Real and Imagined
by JOHN ADAMS •
One often hears that almost all restaurants fail within their first year, but that’s not true. Turnover is high, but it’s nowhere near 90% in the first year: [H.G.] Parsa [then an associate professor at Ohio State, now at the University of Denver] says he spent three months trying to track down someone at American…
Business, CDA, City, Development, Economy, Government Spending, Local Government, WEDC
Business Dependency in Whitewater
by JOHN ADAMS •
For residents facing poverty, one would hope for, and understand, a combination of private and public relief. Churches and other private organizations do much in this effort; government expenditures for the genuinely needy amount to a small portion of all government spending. Support of this kind is a worthy effort. Whitewater also has two large…