Profiles

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.

One of the most common ways in which cronyism manifests itself in Serbia is when professional degrees and employment positions are awarded based on political party membership , and not on the basis of professional expertise.

If the payoff is high enough, universities are happy to award degrees based on political connections, writes Predrag Rajšic. This audio Mises Daily is narrated by Robert Hale.

Canadian agricultural policy today subsidizes and controls markets in grain, dairy, and other products to ensure profitability.

The true state of the old communist economy under Tito reveals an economy addicted to debt that lagged behind most of Europe.