It was after the U.S. Supreme Court's infamous Kelo case that Texans began to discover that Texas had also been blurring the distinction between public purpose and public use.
Energy & Environment
D.C. Doesn’t Just Spend Too Much Money, It Spends On The Wrong Things
Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air? When corporations — and people — misallocate capital, they tend to suffer. Of course, whether capital is misallocated is sometimes only fully understood after the fullness of time. The People’s Republic...
March 19, 2024