Cronyism and Corporatism

Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.

The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender.

Murray Rothbard asked this question and concluded that the current American regime, if the wisdom of Aquinas’ words is taken seriously, cannot wage a just war.

Oliver Anthony's popular song, "Rich Men North of Richmond," describes the parasitic world of the Beltway. One hopes people understand the damage the political classes have done.

The newly-released movie "Killers of the Flower Moon" depicts what happens when politically-connected people can use the state to carry out nefarious deeds. Unfortunately, government failure is one lesson that is sure to be lost here.

An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.

A Cato Institute associate has declared the development of the covid-19 vaccines to be a free-market “triumph.” The only thing that has triumphed in this sorry episode has been the rapid growth of coercive government power.

Is a true populist US government on the horizon? Probably not.

The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender.

While Hillary Clinton’s call to have Trump supporters “deprogrammed” has been met with snickers, her attitude is in line with most of this country’s governing elites.