A Course-Correction on Antitrust
A Course-Correction on Antitrust
Is the DOJ finally done playing games with the economy? It hardly sounds like a compliment to be described as “Hillbilly Antitrust,” but Gail Slater—now heading the Justice Department’s Antitrust Division—has embraced the label with characteristic bluntness. But there may be reason to cheer. In the past, Slater has made some pro-regulation assertions. She’s expressed...
By Daniel J. Mitchell
The Case Against Foreign Aid
The Case Against Foreign Aid
The main argument in favor of foreign aid is that rich countries can and should help poor countries become more prosperous. And plenty of politicians are following that approach. According to the latest data from the Organization for Economic Cooperation and Development, donor governments gave away more than $220 billion last year. But advocates of...
By Daniel J. Mitchell
The Great Ponzi Scheme
The Great Ponzi Scheme
The United States is in fiscal trouble. The burden of government spending has increased by nearly $3 trillion over the past 10 years—nearly doubling in just one decade! And that means more resources diverted from the economy’s productive sector, which is bad news whether the spending is financed by taxes, borrowing, or money printing. To...
By Daniel J. Mitchell