Academic

WHEN CRONY CAPITALISM YIELDS SOUND POLICY: U.S. takes conservative approach in response to nuclear ?

By Glenn Reynolds

WHEN CRONY CAPITALISM YIELDS SOUND POLICY: U.S. takes conservative approach in response to nuclear crisis in Japan. “In sharp contrast to governments across the world that are moving to warn their citizens in Japan about radiation hazards and to reassess their own nuclear power programs, the Obama administration is pursuing a cautious course ? standing firmly behind the U.S. nuclear industry.” I tend to suspect that this is because of the Administration’s close ties to GE, Exelon, and Duke Energy, but hey, whatever. T.S. Eliot thought there was no greater treason than to do the right thing for the wrong reason — but in Washington, you can’t afford to be that picky about motivations. . . .

Full post as published by Instapundit.com on April 01, 2011 (boomark / email).