by Dan Mitchell | Feb 20, 2015 | Big Government, Blogs, Energy
Remember Solyndra, the festering symbol of green-energy corruption that resulted in hundreds of millions of dollars of taxpayer money being flushed down the toilet? And that was just one example. Based on the ratio of energy produced compared to insider enrichment,...
by Dan Mitchell | Dec 7, 2014 | Big Government, Blogs, Economics
When I discuss corporate welfare, my first example is usually the Export-Import Bank. It galls me that taxpayers are coerced into subsidizing some of the world’s biggest corporations. And since I’m an economist, I also don’t like how these subsidies undermine the...
by Brian Garst | Sep 19, 2014 | Big Government, Blogs, Economics, Education, Free Market
Federal policies unquestionably deserve some blame for skyrocketing tuition costs. Washington subsidizes student borrowing, and colleges in turn raise prices to capture federal dollars. Higher prices put pressure on Washington to increase subsidies and the cycle...
by Dan Mitchell | Sep 10, 2014 | Bailouts, Big Government, Blogs
I periodically try to explain that there’s a big difference between being pro-market and pro-business. Simply stated, policy makers shouldn’t try to penalize businesses with taxes,mandates, and regulations. But neither should politicians seek to subsidize...
by Dan Mitchell | Aug 26, 2014 | Big Government, Blogs, Competition
The Export-Import Bank is noxiously corrupt example of crony capitalism. It never should have been created. But that’s something we could say about most government programs. So the real question is how to reverse the damage. If we reform a big program such as...
