Mises Daily

Why Private-Sector Services Seem to Be More Expensive

Mises DailyJanuary 26, 2015
Unable to compete with cheap, government-subsidized services designed for the low end of the market, entrepreneurs find they must turn to higher-end customers who will pay more. Some wrongly interpret this as proof that markets are more expensive than government services.

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The Private Equity Boom, Easy Money, and Crony Capitalism

Mises DailyJanuary 24, 2015
One essential feature of private equity is the taking advantage of economies of scale in cronyism, and politicians hope private equity will provide them high-paid jobs when they quit Washington.

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