The Washington, D.C., metropolitan area has edged out San Jose’s silicon valley as the highest-income metropolitan area in the United States, this story notes. People’s incomes can come from one of two sources. People can engage in productive activity and voluntary exchange, or they can forcibly take income from others. Silicon Valley gets its...
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The title of this post comes from the fantastical Andrew Fox, who laments another case of corporate welfare promoted in the name of energy conservation: the Fisker Karma, a new electric luxury automobile touted by its manufacturer as ”a bold expression of uncompromised responsible luxury.” Mr. Fox caught wind of the farce as he came...
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