Participants in this week’s Republican debate had their differences, but all agreed that government needs to get out of the business of picking economic winners and losers. This predicable byproduct of expansive government has come to be known as cronyism, and politicians rightly attack it. Some businesses choose to compete on Capitol Hill rather than […]
Ten years ago this month, President George W. Bush signed the Renewable Fuel Standard into law, implementing regulations that require companies to blend specific amounts of renewable fuels into gasoline. No state benefits more from the RFS than Iowa, and with the Iowa caucuses six months away, presidential candidates are already pandering, flip flopping, or […]
U.S. Senator and Democratic presidential candidate Bernie Sanders (I-VT) wants to portray himself as a fierce opponent of the status quo in Washington. He regularly excoriates American corporations for not paying their “fair share” of taxes and for buying politicians. Earlier this summer, he was the sole member of the Democratic caucus to vote against […]
I’ll start with a few caveats. I’m a fan of Christian Schneider; I don’t know the ins and outs of this stadium deal in Wisconsin as well as he does; and even if Scott Walker is wrong about the stadium, I don’t think it’s a reason to oppose his presidential bid. With all of that […]
As Carly Fiorina gets a second look following her strong performance in last week’s debate, observers are noticing the emergence of an interesting theme in her campaign: opposition to the crony capitalism that infests so much of our economy today. “What we have now is less and less free market,” Carly points out, “and more […]