by Dan Mitchell | Oct 19, 2011 | Big Government, Blogs, Government Spending
Just yesterday, I proposed a “Golden Rule” for fiscal policy, based on the simple notion that the burden of government spending should grow slower than the private sector. And regular readers know about my narcissistic attempt to publicize “Mitchell’s Law” as a way of...
by Dan Mitchell | Sep 27, 2011 | Big Government, Blogs, Energy
I’ve commented on the corruption of the Solyndra scandal, but it’s important to understand this is not just a story of sleaze. From an economic perspective, the real problem is that green-energy programs cause a misallocation of capital. Simply stated, government...
by Dan Mitchell | Sep 21, 2011 | Big Government, Blogs
I haven’t paid too much attention to the Solyndra scandal, except to note that waste, corruption and job losses are the inevitable consequences of big government and crony capitalism. But if you want a withering indictment of the sleaziness of the whole enterprise, a...
by Dan Mitchell | Sep 15, 2011 | Big Government, Blogs, Economics, Energy, Government Spending
The President’s “green energy” loan program has turned into an embarrassment for the White House, in part because of the sordid corruption associated with the bankruptcy of Solyndra. But the subsidy program also has attracted some negative attention for its failure to...
