Cronyism and Corporatism

While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools.

Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.

Do these characteristics give rise to monopoly power?

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

The myth that won't die is that Nazi Germany was a fully functioning free-market economy. In truth, it was effectively as socialist as its supposed rival, the USSR.

Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?

The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.

The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.

Once upon a time, the progressive hero was "socialist man." Today, we have "Davos man," who is ready to plan your life for you—your wishes notwithstanding.