Recommended: Let's Bring Back the Robber Barons

Daniel Henninger has an interesting piece in today's Wall Street Journal entitled Let's Bring Back the Robber Barons. He argues that the administration's attempts to create new "green jobs" in the energy industry are nowhere near effective enough to bring the country out of it's slump, especially since all those green jobs are in industries the government has to subsidize to even make them attractive. Henninger thinks we need new visionaries like Rockefeller and Carnegie who were, yes, robber barons, but who's activities spawned whole new industries and hundreds of thousands of new jobs.

Interesting view.