Links

Furrowing the fields with taxpayer money.

• A good Q&A with Raghuram Rajan on the U.S. model of capitalism.

• The Tax Policy Center has the top 10 worst tax ideas of 2009.

• Don Boudreaux wonders why we should be transferring more power to the federal government when it already struggles mightily with its core function of protecting its citizens. Good question.

• Mark Perry says the fact that markets fail is why we need them. Click the link to see what he means.

• The New York Times takes a look at European farm subsidies and the shifting justifications for them. Just proves that even the most boneheaded government programs are near impossible to abolish.