A Mixed Hero: A Libertarian Reassessment of Elon Musk

Many libertarians seem to love to hate Elon Musk these days. His crime is to live off the public purse. His companies would be bankrupt without green subsidies and cheap government loans and contracts. He seeks out favorable terms from governments and angles to capture subsidies and cheap loans with no reservation and with vast success at doing so. This situation, along with certain financing practices and relationships among his companies, has led to it becoming fashionable to disdain Musk as a public figure and to characterize him with sweeping put-downs.

Week in Review: July 22, 2017

Healthcare once again dominated the headlines as Republicans continue to struggle in their efforts to replace Obamacare. Of course, as Ryan McMaken noted this week, that’s part of the Republicans’ problem. The obsessions of Obamacare itself has prevented honest conversation about what was plaguing American healthcare prior to the “Affordable” Care Act becoming law. Instead of eliminating government intervention in the healthcare industry, the GOP simply wants their own intervention.

Foreign Investment Is Not a Problem for the Domestic Economy

In recent months, the political atmosphere in Poland has become more nationalist, which is reflected in a growing anti-foreign attitude toward capital flows. The general argument used relates to the apparently negative aspect of interest payments and dividends on invested capital being transferred to foreign owners. “What a waste,” the complaints go, “cannot we leave everything in the hands of domestic owners, so that money stays in the country to provide employment? How can we let such a drain of resources occur?”