Join China in its Support for Adam Smith

Published July 23, 2015 2:31pm ET



Conservatives of America, unite. You have nothing to lose but regulations and subsidies. Hark. Listen up. Pay attention. And if there is any other cliché that might get your attention, pencil it in.

The window of opportunity is closing for those of us who mourn the murder of the coal industry, the pouring of billions in subsidies into technologies to capture the wind and the sun to produce power at high cost and in locations far from markets, the payment of $7,500 subsidies to rich people so that they can buy $85,000 electric cars to substitute for their SUVs on short trips to the golf course, the growth of an Environmental Protection Agency that refuses to reveal the data underlying its outpouring of regulations, the use of a presidential pen to eliminate the need to involve congress in shaping the rules that govern our economy  — there’s more, but you get the idea.

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