Acton Institute Powerblog

If At First You Don’t Succeed…

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…You might be a Member of Congress:

Members of Congress want to establish a new government-backed venture capital program…

OK, but what’s the catch?

…to replace one that’s being phased out because of sizable losses.

I wonder if they’ve considered whether the Government should even be involved in the venture capital business in the first place?

Hat Tip: Don Luskin

Marc Vander Maas