The American sugar program is a strong contender for the poster child for crony capitalism. And this year, it’s up for reauthorization. The sugar program in the United States is cronyistic in four main ways. First, the federal government sets…
Washington, D.C.’s swamp monster is like the mythical hydra from Greek and Roman mythology. When one head gets cut off, two grow in its place. At the start of the month, Congress worked in bipartisan fashion with the president to…
Imagine McDonald’s somehow acquired a legal monopoly on the burger business. No Wendy’s, no Whataburger. No choice. If you want a burger, it’s McDonald’s — or nothing. Have it their way. It’s a good bet the burger you end up with…
Imagine McDonald’s somehow acquired a legal monopoly on the burger business. No Wendy’s, no Whataburger. No choice. If you want a burger, it’s McDonald’s — or nothing. Have it their way. It’s a good bet the burger you end up with…
For companies trying to bring potential life-saving products to the market, the least they can ask for is a responsive, timely bureaucracy. Unfortunately, approving reduced harm technologies in a prompt manner seems to be beyond the ability of American regulatory…
Bipartisanship in today’s Washington is as rare as a wardrobe completely free of items purchased at Brooks Brothers. But rarer still, is when that bipartisanship runs against moneyed interests. Indeed, most “bipartisan bills” should practically come with a NASCAR-style sponsor sticker,…
Which came first: the Tesla or the subsidy? The subsidy, of course. PayPal billionaire Elon Musk — along with Washington Post owner Jeff Bezos — are the poster boys for the left’s version of capitalism. The Post was always a left-leaning newspaper but…
Senator Elizabeth Warren proposes a ban on stock ownership by members of Congress. “They can put their savings in conflict-free investments like mutual funds,” she explained last week, “or they can pick a different line of work.” Given that a…
Billionaire sports team owners are increasingly strong-arming local, city, and state governments into financing extravagant (and exorbitant) new stadiums. For example, in St. Petersburg, Florida, the Tampa Bay Rays, a Major League Baseball franchise, plans to build a pricey new…
