A single paragraph from Jacob Soll puts China in perspective: There is no historical example of a closed imperial economy facing large capital-driven, open states and sustainably competing over a long term. That is not to say that China isn’t an economic powerhouse and a remarkable site of energy and potential. It is certainly both.…
Economics
Economics, Economy, Free Markets, Immigration, Labor, Restaurant
Film: From Dishwasher to Award-Winning Restaurateur
by JOHN ADAMS • • Comments
I suppose that if I wanted to curry favor with others, I’d talk about the need for immigration restrictions, or at the least I’d avoid taking a contrary view (a restrictive position being so popular these days). That would seem to me a timid way to face the world, unfit for robust Americans. One should…
CDA, Economics, Economy, Gluttony, Gov. Walker, Government Spending, WEDC
The WEDC Taints Walker (and local officials even more)
by JOHN ADAMS • • 2 Comments
The WEDC is a state and national story that has local implications. Some of the toughest political battles are intra-party ones: Republicans or Democrats fighting against fellow party members for their respective primary nominations. For rival Republicans, Gov. Walker’s creation of the Wisconsin Economic Development Corporation will offer a legitimate and compelling line of attack against his…
Economics, Government Spending, Local Government
Retrospective and Prospective Costs
by JOHN ADAMS • • Comments
There are few more useful ways of looking at expenditures made and expenditures contemplated than as retrospective (sunk) or prospective (future) costs. Consider the example of a man building a boat to catch one-hundred pounds of fish per day. The fisherman spends seventy-five thousand building his own boat, and is partly done. If he spends…
CDA, City, Corporate Welfare, Economics, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Politics, WEDC, Wisconsin
The State’s WEDC and Whitewater’s Facsimiles
by JOHN ADAMS • • 2 Comments
Ongoing revelations about the Wisconsin Economic Development Corporation are a double concern: they’re stories of statewide malfeasance, and those revelations beg the question of how local officials in Whitewater are managing their own pools of public money. First, the latest stories (it’s a steady stream) of state-level error, waste, and negligence: Madison— Failing to run…
Business, City, Development, Economics, Economy, Health, Local Government, Planning, Politics, WGTB, WHEN GREEN TURNS BROWN
Meetings & Motivations
by JOHN ADAMS • • 4 Comments
Post 11 in a series. This is series about a proposed digester energy project for Whitewater, one that would rely on importing other cities’ unwanted waste into Whitewater for processing. A series like this is only indirectly about general wastewater upgrades, at whatever price. It’s about waste importation, and officials’ claims that importation would be clean…