“greed is most difficult to restrain when it is exercised through the medium of government”

Here is another fine essay by Arnold Kling. It raises some questions for New Mexicans: 1. Who do you think benefits from raising the minimum wage? 2. Who do you think benefits from trains to nowhere? 3. Who do you think benefits from a publicly financed spaceport? 4. Who do you think benefits from expansion of welfare?
You might be thinking about these questions as you listen to or read about the governor’s state of the state speech today.
A final question: who do you think pays for the groups’ benefits in the questions posed above?

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