Corporate Welfare

The United States imposes import quotas that substantially raise domestic sugar prices, harming domestic consumers to benefit politically powerful domestic sugar producers.

In this article I'll walk through Glaeser's critical observations, most of which misfire.

The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should.

Social order is like barbecue. Both are defined in the process of their emergence.

So no matter what GDP numbers the Commerce Department spins out, the interest rate Chairman Bernanke controls will stay low "for an extended period."

Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.

The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.

"Instead of buying up toxic assets, the TARP money was used to partially nationalize the banking industry."

"It was the hidden hand of government that failed, not the market."

"Preventing trade means that we use more resources to produce less wealth."