My Mercatus Center colleague Adam Thierer catalogs some skeptical takes on industrial policy.
James Pethokoukis celebrates economic growth.
I just discovered Larry Reed’s excellent remembrance of my late, great colleague Walter Williams. A slice:
Pursuing truth for its own sake and mustering the courage to speak it without equivocation should be the loftiest of objectives in any profession. They fit the life and career of Walter Williams perfectly. He was a man of solid conviction, of unmovable passions for what he knew to be right. And he was always that way, for as far back as I have memory of him. He was the very epitome of what it means to be steadfast.
Dan Griswold makes the case for liberalizing immigration.
GMU Econ alum Daniel Smith collects an economics lesson from trash collection.
Simon Lester defends the WTO’s Appellate Body from misconceptions.
Jacob Sullum is correct: Congress uses Covid-19 as an excuse for fiscal recklessness. A slice:
Congress allocated $350 billion to “coronavirus state and local relief funds” for governments that generally have emerged from the pandemic in much better financial condition than expected. California, for example, will benefit from this largesse even though it is running a surplus.
Another $86 billion will be used to bail out union-run pension funds that were already in dire straits before the pandemic. Obamacare premium subsidies for households earning as much as $350,000 annually will cost $34 billion.
