Tag Archives | Frederic Bastiat

What Is Subsidized and What Is Not Subsidized

New York Times technology columnist Farhad Manjoo recently touted electric cars—Tesla, actually—as a case where government regulations can have an economically beneficial effect by promoting innovation. “Researchers who study regulation and its effects on business said there have been numerous instances in which regulation speeds along, rather than impedes, technological progress.” After all, we wouldn’t […]

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The Ideological Gutting of the Republican Party

I don’t know what’s worse about Donald Trump’s determination to intervene, as he did with Carrier, to keep manufacturers from moving any capital or operations overseas. Is it the fact that he is vowing to interfere “on a day-by-day basis,” one deal at a time, to threaten “retribution” against recalcitrant firms? This is a policy […]

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This Business Will Get Out of Control

In The Hunt for Red October, the actor and future Senator Fred Thompson uttered a classic line. Observing the aftermath of a confrontation between US and Soviet forces in the North Atlantic, he spat out: “This business will get out of control. It will get out of control, and we will be lucky to live […]

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