Subsidies

Subsidizing building in risky areas is poor policy, but I think that transparency makes direct subsidies a better option.

John Nothdurft and Donny Kendal present episode #132 of the In The Tank Podcast. Today’s podcast features work from the Competitive Enterprise Institute, the Pacific Research Institute, The Heartland Institute, and the Independence Institute.

Despite President Trump’s efforts to shore up its fortunes, the future of coal mining and electric power generation in the United States remains tenuous at best.

There are no free markets in electricity generation, and subsidies are contagious.

Sports team owners, and the elected officials who enable their graft, say using taxpayer money to pay for stadium construction is an investment in local economic growth.

There are lots and LOTS of reasons government shouldn’t choose which energy sources We the People use.

Obamacare’s official legislative name was, of course, “The Patient Protection and Affordable Care Act.” Washington, D.C. is very good at naming things. DC remains very terrible at doing things.

What does anyone gain from subsidizing wind power?

The late Supreme Court Chief Justice (amongst many other impressive gigs) John Marshall rightly noted “The power to tax – is the power to destroy.” The power to OverTax, of course – will destroy even more.

John Nothdurft and Donny Kendal present episode #90 of the In The Tank Podcast. Today’s podcast features work from the Center of the American Experiment, the Mercatus Center, and Empire Center.

Political rookie Donald Trump won the White House in large part by running against just how stupid Washington, D.C. is. And DC stupidity is certainly a rich vein to mine.

As the controversy rages between those Republicans who want full repeal and those who want to retain what might be “good” about ObamaCare, we are not asking the right questions.

Google’s parent company, Alphabet, has a current market cap value of $544 billion. The entire Gross Domestic Product (GDP) of Taiwan is $524 billion.