Here's how media are often lazy in failing to recognize cronyism: they'll suspend their suspicion of big business getting cozy with government when that coziness coincides with their own political preferences.
NC ratepayers were faced with overpaying for electricity by more than a billion dollars. A new law was going to save them about $850 million on the cost of future solar power — until Gov. Cooper decided to intervene.
Not long ago I wrote about how tariffs are like minimum-wage laws: they're both policies based in bad economics, well outside the mainstream of economic thought. They're also (and for the same reason) especially bad for the poor.
Twenty academic studies on the minimum wage in Canada, but not one support the idea that increasing the minimum wage is good for non-skilled workers. Even our gentle neighbors from the North cannot persuade labor demand curves to slope upwards.
Critics of Opportunity Scholarships may have forgotten that the desired end of state education funding is a better educated citizenry, not the establishment of public schools for the sake of the schools.