he practices the calculus by which Washington reasons, the political asymmetry between dispersed costs and concentrated benefits. The damages from government interventions are cumulatively large but, individually, are largely invisible. The beneficiaries are few but identifiable, and their gratitude is telegenic.
.. Vice President-elect Mike Pence said, “The free market has been sorting it out and America’s been losing,” Donald Trump chimed in, “Every time, every time.”
.. Indiana’s involvement in the Carrier drama exemplifies “entrepreneurial federalism” — states competing to lure businesses.
.. about the sufferings and pathologies of the white working class, largely of Scots-Irish descent, in Appalachia and the Rust Belt. This cohort, from which Vance comes, is, he says, one of America’s most distinctive subcultures, particularly in its tenacious clinging to traditional mores, many of them destructive.