by Dan Mitchell | Dec 28, 2011 | Big Government, Blogs
Mark Twain famously observed that, “It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.” That’s a generalization, of course, but one that makes a lot of sense. Especially since I’ve written about...
by Dan Mitchell | Nov 18, 2011 | Bailouts, Blogs
arlier this month, I took part in an online debate for U.S. News & World Report about whether Europe or the United States was in deeper fiscal trouble. I wrote that Europe faced a bigger mess, though I warned that the United States was making the same mistakes of...
by Dan Mitchell | Nov 15, 2011 | Big Government, Blogs
I’ve already commented on some of the sleazy behavior that infects Chicago politics. Now we have a jaw-dropping example of what’s wrong with the state of Illinois, as explained by Bill McGurn of the Wall Street Journal. Soon the Illinois state legislature will meet in...
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...
