A Lesson In Public Choice

by Don Boudreaux on March 7, 2011

in Crony Capitalism, Environment, Other People's Money, Politics, Reality Is Not Optional, Subsidies

Tim Carney writes (HT Arnold Kling):

Environmental policy is not driven by tree-hugging activists, earnest liberal bloggers, or ecologically minded citizens. Instead, it flows from the lobbyists and executives of well-connected multinational corporations and built-for-subsidy startups that see profit in the loan guarantees, handouts, mandates, and tax credits Congress creates in the name of saving the planet.



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