Some Links

by Don Boudreaux on April 6, 2014

in Crony Capitalism, Legal Issues, Politics, Regulation, Seen and Unseen, Subsidies, Trade, Work

My Mercatus Center colleague Vero de Rugy shows that the U.S. Export-Import Bank serves no free lunches.

Washington Post columnist Kathleen Parker is rightly critical of the left’s demonization of Charles and David Koch.

And here’s Charles Koch himself explaining, in the Wall Street Journal, what motivates his engagement in the world of political ideas.  A slice:

Far from trying to rig the system, I have spent decades opposing cronyism and all political favors, including mandates, subsidies and protective tariffs—even when we benefit from them. I believe that cronyism is nothing more than welfare for the rich and powerful, and should be abolished.

Koch Industries was the only major producer in the ethanol industry to argue for the demise of the ethanol tax credit in 2011. That government handout (which cost taxpayers billions) needlessly drove up food and fuel prices as well as other costs for consumers—many of whom were poor or otherwise disadvantaged. Now the mandate needs to go, so that consumers and the marketplace are the ones who decide the future of ethanol.

The Cato Institute’s Jim Dorn understands that minimum-wage legislation harms the economy in general and low-skilled workers in particular.

Marty Mazorra suggests a topic for Michael Lewis’s next book.

EconLog guest-blogger James Schneider reflects on Norman Borlaug and Julian Simon – as well as on that champion of failed predictions, Paul Ehrlich.

Boston Globe columnist Jeff Jacoby writes wisely about the U.S. Supreme Court’s recent McCutcheon decision on campaign contributions.

W.E. Heasley writes about the continuing calamity that is Obamacare.

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