U.S. limits BP oil spill liability to $75 million. Madness!

Richard Rider, Chairman, San Diego Tax FightersRichard Rider, Chairman, San Diego Tax Fighters 1 Comment

The monumental British Petroleum Gulf of Mexico oil spill has been held aloft by Big Government advocates as a dramatic example of “the failure of the free market.” But is it? Short answer: Hell NO! [Ex-economist (now partisan commentator) Paul Krugman goes so far as to point to this incident to condemn libertarian thinking — chastising libertarians for trusting government …