June 24, 2017

Sequester: a trip down the rabbit hole to Wonderland [Contributor]

Rhett Wilkinson is a senior at Utah State University. He is studying journalism and political science. The opinions expressed are his own.   The feds ought to follow the lead of a certain rabbit from Alice in Wonderland, who famously said “I’m late! I’m late! For a very important date!” The first problem with this […]

When the government picks winners, the applicants might already be losers

Maybe it’s time to choose leaders who won’t keep “picking winners” by subsidizing private businesses and using government to compete with the market? Even the Chinese can make a city look good by pouring enough money into it. Just look at the Olympics. That doesn’t mean the economy will do better because of it.

Government subsidies equal corporate welfare. It doesn’t matter if you’re in Washington, D.C. or West Valley City, it’s the same thing. Whether it’s Solyndra or UTOPIA, the more a company shells out to get onto the public assistance, the less likely it would perform well in the market. Spending more money on campaign donations and lobbying might be correllated. [cont…]

Social Value: The Market Is Smarter Than You, Mr. Congressman

Image via Wikipedia Economics. Whether you try to dodge it, ignore it, or explain it away, you cannot escape the laws of economics. Supply, demand, self-interest, etc, etc, etc. It’s like gravity. And like gravity, you ignore it at your own peril. Says Thomas Sowell (though I’ll not get into the partisan part of his […]