The New Rent Seeking?
When companies resort to lawsuits to gain market advantage, a sort of rent seeking via the courts can be the result.
Challenges for Wind Energy's Future
The U.S. has spent billions of taxpayer dollars subsidizing wind energy. And while the industry is growing, it's expensive, unreliable and supplies only a small portion of the country's energy needs. Congress is backing away from its longtime support for wind subsidies, and given the growing availability of inexpensive fossil fuels for energy generation, that's the right move.
Obama Announces $4 Billion for Crony Capitalism, er, Clean Energy Loans
Even while President Obama seeks additional money from Congress for border security, his administration is giving away billions of taxpayer dollars to clean energy companies that the government likes, even though their success rate is abysmal.
The Health Care Contradiction: Medicine's Old and New Ways Clash
Innovation is transforming health care, or at least it’s trying. Old practices and laws can create a drag on that new innovation.
With Ex-Im, Congress Should be Pro-Market, not Pro-Business
Free market means opposing crony capitalism rather than defending it.
The Growing Income Inequality That Apparently Doesn't Exist
President Obama claims that income inequality has been growing dramatically. But government statistics show that there has been very little increase, indicating the issue may be more political than real.
In Aereo, the Supreme Court Gets It Right
The Aereo decision is a victory for property rights and the rule of law, rather than the triumph of entrenched interests over disruptive innovation.
Pugilistic Manner or Performance Management?
Instead of tax reform Congress seems insistent on blame, negative reinforcement and abdicating responsibility.
Sen. Paul's Effort to Force Ex-felon Voting Rights May Contradict Federalism
Sen. Paul plans to introduce legislation allowing ex-felons to vote in federal elections. But the Constitution leaves voter eligibility up to the states, not Congress.
Moving from Pigou to Government Control
There is little, if any, room in the tax code for taxes conceived as a means to influence behavior. However, a conversation about using the tax code as means to control citizens does seem to correctly involve cow waste.


