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Economy

Rand Paul on Chamber of Commerce Republicans

Sen. Rand Paul, Republican of Kentucky, often moves (sometimes quixotically) between libertarian and conventionally conservative, Republican positions. Still, there’s unquestionably some libertarian in him, and in his libertarianism he shares a dynamic philosophy (if not party label) with a huge number of other Americans (about 22%, or just under one-in-four people).  Here’s what Paul, speaking…

Is this the city that you had in mind?

Consider this working definition of crony capitalism: Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism. Crony capitalism…

Mr. Yvarra’s Campaign: Even More Deceptive Than Before

I’ve written previously about the contested race in Whitewater’s Fourth Council District, an election choice between Lynn Binnie and Paul Yvarra. See, on this topic, On Whitewater’s 4th District Council Race, and (about the Yvarra campaign) A Dodgy and Deceptive Campaign. In a statement to the Gazette, for their comprehensive election series, Paul Yvarra has…

Frédéric Bastiat’s Gift to Whitewater

Of course, Frédéric Bastiat‘s work offers not one gift but many, and not merely for Whitewater, but for all people in all places. Still, today, one might consider just one essay from his powerful understanding for our small city. If Whitewater were to look to one place for guidance, on rights, responsibility, and a sound…

Discussion about the Bus, 3.20.12 to 11.5.13

I promised earlier a summary of principal arguments made about a (mostly) publicly-funded transit bus that benefits (mostly) one multi-billion-dollar corporation. Here’s that post, with a summary of points about the project at Whitewater’s Common Council sessions of 3.20.12, 11.20.12, and 11.5.13. For each date, I’ve included a link to a Vimeo page with a…

The Martians Beset Elkhorn

In many ways, Whitewater’s present fiscal and economic success depends on getting as far past the last administration’s outlook as possible. Our former city manager from 2004-2012 mastered a reverse Midas touch: turning what he grasped not into gold, but lead. We can – and I am confident will – get beyond those ill effects,…

What a Film About Janesville Really Says

Much has been said about Brad Lichtenstein’s As Goes Janesville, and it’s usually about how the film depicts Gov. Walker.     There’s much more to the film, though, and particularly interesting to me is how Janesville tries to entice a startup to locate in that city by offering millions in public incentives.  The startup, Shine, promises a new…

A City’s Most Important Economic Measure

Yesteday, I asked, “What’s Whitewater’s Economy?” If it should be true – and it is – that a genuine economic discussion is more than a budgetary one, then what economic measures should matter most?    There’s no single measurement that explains it all, but what would one say about an economy if one were compelled to pick…