Corporate welfare is when the government favors certain businesses in the form of direct subsidies, tax credits, or favorable regulatory schemes. Sometimes this practice is referred to as “economic development.” This label creates a dangerous misconception about corporate welfare, which is known to hinder, if not reverse, economic growth.
Should the Federal Government Regulate AI?
My Uber executed a perfect left turn before waiting with extraordinary patience at a red light, never inching forward as I have so often done in my frustration with all that stands between me and my destination. All things considered, the drive was going smoothly, and the experience was enhanced by the fact that I...