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meganmcardle.theatlantic.com - 12/12/2008
Fuel efficient or market efficient?
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One thing is clear about the bailout:  congress intends to use it to push GM et. al. into manufacturing more fuel efficient cars.  This means cars that are either a) smaller, b) more expensive, or both. When gas prices were high, a lot of people blamed Detroit's troubles on the fact ...

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Ross Douthat:  Pragmatism They Can Believe In?

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Pragmatism They Can Believe In?
Ross Douthat — ... And the experimentation will start, of course, with bold, persistent attempts to pour massive amounts of taxpayer money into failing industries, while demanding that said industries begin investing in even-less-profitable ventures than the ones they're currently engaged in! Hurrah! Next up: The ...

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