Cronyism and Corporatism

Displaying 11 - 20 of 152

How Governments Broke the Oil Market

Corporate WelfareCronyism and CorporatismGlobal Economy

Blog05/05/2020

The oil industry became one of the main areas of malinvestment in the years of massive liquidity and low yields. This perpetuated excess capacity and kept inefficient companies unnecessarily alive.

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The Chinese Regime Has Made China's Woes Much Worse

Cronyism and CorporatismHealthSocialism

Blog03/21/2020

Whether we're talking public health or economic growth, the Chinese regime's love of intervention and centralization has led to one crisis after another.

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The Oakland Raiders Spike the Ball on Nevada Taxpayers

Cronyism and CorporatismMedia and Culture

Blog03/07/2020

The departed Al Davis, who owned the Oakland Raiders, was famous for saying, “Just win, baby.” But now the team's philosophy is this: “Just raid the taxpayers, baby.”

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Why Wall Street Bankers and Federal Lawyers Hate Michael Milken

Corporate WelfareCronyism and CorporatismFinancial MarketsLegal System

Blog02/25/2020

Michael Milken was a threat to the complacent Wall Street cartels established by the New Deal. So ambitious prosecutors like Rudy Giuliani saw an opportunity to get in good with Wall Street by taking him down.

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The Truth about The Edge of Democracy

Cronyism and CorporatismGlobal EconomyWorld History

Blog02/11/2020

The Edge of Democracy, a new Oscar-nominated documentary about Brazil, gets even basic facts wrong in pushing the idea that Brazil's corrupt and socialist politicians were the saviors of Brazilian democracy.

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South Korea’s Neo-Mercantilist Growth Engine Has Stalled

Bureaucracy and RegulationCronyism and CorporatismLabor and WagesWorld History

Blog02/04/2020

After very quickly becoming an advanced economy, South Korea is experiencing declining growth and labor productivity. The culprit, as usual, is government intervention in the market to favor certain interests.

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"Surveillance Capitalism": A Summary of Critics

Bureaucracy and RegulationCronyism and Corporatism

Blog01/25/2020

There's a new kind of capitalism on the scene: "surveillance capitalism." It's drawn attention from across the political spectrum, but Left, Right, and center offer very different solutions to similar concerns. 

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The Deception behind Government Licensing Laws

Bureaucracy and RegulationCronyism and CorporatismInterventionism

Blog01/18/2020

How much licensing requirements are designed to “protect” the health of the public, and how much to restrict competition, may be gauged from the fact that giving medical advice free without a license is rarely a legal offense. Only the sale of medical advice requires a license.

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Conservatives Are Increasingly Wrong about Market Freedom

Cronyism and CorporatismLabor and WagesMedia and CultureU.S. History

Blog01/10/2020

The conservative case against market freedom is based on the belief that if change disrupts the status quo in any way, or if companies impose cost reductions that result in a shifting of employment — or even some layoffs — then government should step in and take control.

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Post-Mugabe Zimbabwe Still Faces a Host of Economic Problems

Cronyism and CorporatismPovertyWorld History

Blog01/09/2020

Nothing short of an economic exorcism is needed in Zimbabwe. Looking at what President Mnangagwa has done so far, it doesn’t seem that Zimbabwe is actually serious about making tough reforms.

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