All Commentary
Friday, September 30, 2011

Energy Secretary Threw More Taxpayer Money at Failing Firm

“Energy Secretary Steven Chu acknowledged Thursday making the final decision to allow a struggling solar company to continue receiving taxpayer money after it had technically defaulted on a $535 million federal loan guaranteed by his agency.” (Washington Post)

Industrial policy in action.

FEE Timely Classic
“Can Industrial Policy Work?” by Frank W. Bubb