Corporate Welfare

There was a time when the word reform described a process of renewal, of change, and of taking new steps towards correcting a problem. With the rise of campaign finance reform, that is no longer the case.

In a free market, it is wholly unwarranted. Brad Edmonds considers three cases.

Once we accept that government has a legitimate role in divvying out economic favors among its citizens, on what basis do we make moral distinctions among competing demands?

They have linked arms throughout American history, with results that corrupt both politics and the free-enterprise system. 

The New England Journal of Medicine has it backwards: it's public, not private, money that skews research agendas.

How government subsidizes U.S. business abroad. (Op-ed by Janice Shields and James Sheehan)

Dominick Armentano defends his radical proposal against those who merely want antitrust reformed. (An excerpt from his new monograph.)

The public debate on Social Security is wildly off track. 

Financial instability and anti-capitalist fallacies about booms and busts. 

How capitalism came to mean big profits but not big losses.