by Gary M. Galles. Have you ever tried to work with people you couldn’t depend on to tell you the truth? It isn’t pretty. Without the ability to rely on what you’ve been told (or the assurance that you’ve been told everything relevant), effective cooperation at almost every margin of choice is reduced. That’s because the foundation on which ... MORE
by Romina Boccia. Yesterday evening, the House of Representatives released its stopgap spending measure which blindly continues the bloated spending in the January omnibus bill that included special-interest handouts, wasteful and unnecessary energy spending, and transportation boondoggles. Instead of debating and voting on ... MORE
Taxpayers scalped, weather or not. The Bureau of Land Management (BLM) plans to spend up to $450,000 in taxpayer dollars to teach Native American tribes in the Great Basin region ”climate adaptation plans” for their hunting, fishing and gathering activities. “Due to climate change, the natural landscapes are becoming ... MORE
The game of political power. There's capitalism, and then there's "crapitalism" — crony capitalism. Capitalism is great because it lets entrepreneurs raise money so they can scale up and get their products and services to more people. If there is free competition, innovators with the best ideas raise the most money, and the best and cheapest ... MORE
Bad for consumers, the environment, and the poor. Last November, when the Environment Protection Agency (EPA) proposed moderating years of escalating mandates by reducing the amount of ethanol that must be mixed into gasoline, a top ethanol lobbyist seemed perplexed. "We're all just sort of scratching our heads here ... MORE
The wrong incentives. Income inequality has long been one of the liberals' favorite issues. So there is nothing surprising about its being pushed hard this election year. If nothing else, it is a much-needed distraction from the disasters of ObamaCare and the various IRS, Benghazi and other Obama administration scandals. Like so many other ... MORE
It's always been about subsidies, not the environment. OK, can we please stop pretending biofuel made from corn is helping
the planet and the environment? The United Nations Intergovernmental
Panel on Climate Change released two of its Working Group reports at the
end of last month (WGI and WGIII), and their short discussion of ... MORE
by Justin Sykes. How we gave China a stimulus. It’s been more than five years since President Obama signed his
misguided economic-stimulus package into law, creating green-energy
subsidies and expanding others, but American taxpayers are still feeling
its disastrous effects. This month a deal was reached between competing creditors of ... MORE
by A. Barton Hinkle. It benefits special interests, hurts consumers, and harms the planet. If you are like most people, you probably spend a lot of time
wondering, "What is the absolutely worst environmental policy on
the planet?" And if you are like most people, you probably think it
is America’s ethanol policy. So Virginia's recent decision to ... MORE
by David Brunori. I recently read the February 24 Good Jobs First report, “Subsidizing the Corporate One Percent,”
by Philip Mattera, a respected thought leader in our business. It says
that three-quarters of all state economic development subsidies went to
just 965 corporations since the beginning of the study in 1976. The Fortune 500 ... MORE