Articles Tagged: Barack Obama

Crony Capitalists Exploiting Consumers and Economic Growth

The recently introduced carbon rule from the Environmental Protection Agency is crony capitalism run amok. If the proposed rule goes into effect, which is not a certainty, companies who profit from influencing regulations will be the winners. Those who are guided by the marketplace, including consumers, will be the losers. Of course, the Obama Administration […]

Is Obama Doomed to Repeat Past Economic Blunders?

Although George Santayana’s observation that those who do not remember the past are condemned to repeat it is generally viewed as wise counsel, political leaders often think themselves immune. The late Barbara Tuchman validated this phenomenon in “The March of Folly,” which chronicles examples of leaders who acted against their own self-interest by ignoring information […]

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