USA Today on Solyndra

http://www.futureofcapitalism.com/2011/09/usa-today-on-solyndra

USA Today has an editorial on the energy department's loan guarantee to now-bankrupt solar energy firm Solyndra:

Even if Solyndra's collapse is nothing more than good intentions gone awry — a big if — it is a cautionary tale about why government should be extremely wary about betting tax dollars on specific companies. If there's one thing the marketplace virtually always does better than government, it's picking individual successes in an uncertain and highly competitive business. In fact, government involvement can unfairly tilt the playing field toward one company and away from competitors.

by Editor  |  Sep 14, 2011 at 10:41 am Related Topics:  Energy receive the latest by email: subscribe to the free futureofcapitalism.com mailing list