Josh Hawley’s antitrust populism relies on magic money

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In pub­lic pol­i­cy, you can either be on the side of small­er gov­ern­ment or big­ger government.
For decades, the Repub­li­cans have been the par­ty of lim­it­ed, small­er gov­ern­ment. It was a win­ning idea, while the Democ­rats’ only solu­tions involved a com­bi­na­tion of fairy tales and mag­ic mon­ey. The Democ­rats seem to think that they can take mon­ey and pow­er from pro­duc­ers and that the mon­ey and pow­er that they take will mul­ti­ply through­out the economy. …

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