“Known as Avtovaz for short, it is one of the least efficient automobile factories anywhere in the world — each worker produces, on average, eight cars a year, compared with 36 cars a year at General Motors’ assembly line in Bowling Green, Ky., for example. Yet the [Russian] government is giving Avtovaz … billions of dollars in aid, no strings attached.” (New York Times, Tuesday)
Following the U.S. lead?
FEE Timely Classic
“Socialism and Incentives” by David Osterfeld
Recently many popular websites went black to fight the proposed SOPA and PIPA bills. Fighting censorship, however, is nothing new. ... Go to blog
It appears that spending on government education in one year was 324 times the amount companies spent on Super Bowl ... Go to blog
In digging through the archives at the Foundation for Economic Education, one comes across a variety of correspondences, from the ... Go to blog
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