Cronyism and Corporatism

Displaying 41 - 50 of 258

Why People Don't Trust Pfizer's Covid Vaccine.

Bureaucracy and RegulationCronyism and CorporatismHealth

Blog12/16/2020

Why are so many people afraid of vaccines from Big Pharma? It might be because these companies have given the public many reasons to be skeptical of them and their products. 

Read More

Trump’s NDAA Veto Threat Should Force a Conversation on Defense Spending

Corporate WelfareCronyism and Corporatism

Blog12/15/2020

A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.

Read More

The Google Election

Big GovernmentCronyism and CorporatismMedia and Culture

Blog11/13/2020

We are witnessing the governmentalization of private industry, the turning of supposedly private enterprises into state apparatuses, and the growth of the state through putatively private extensions of it.

Read More

Stop Confusing Money with Wealth

Cronyism and CorporatismFinancial MarketsInflation

Blog11/13/2020

Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem. 

Read More

Why There is No Such Thing as an Exploitative Monopoly in a Free Market

Cronyism and CorporatismProtectionism and Free TradeMonopoly and Competition

Blog10/26/2020

What's a telltale sign of economic illiteracy? I'm starting to believe the worst is the claim that markets lead to monopoly and the accumulation of wealth in a few hands.

Read More

Chile Won't Become a Developed Country If It Doesn't Change Course

Bureaucracy and RegulationCronyism and CorporatismEconomic Freedom

Blog10/24/2020

Twenty years ago, it looked like Chile was well on its way to joining the world's small club of developed countries. But this path looks less and less likely as Chile abandons its commitment to freedom and markets.

Read More

Most Everything Governments Do Should Be Regarded as "Corrupt"

Cronyism and CorporatismTaxes and SpendingPolitical Theory

Blog10/03/2020

Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word "corruption" when we reserve it for just a few politicians who break the arbitrary rules.

Read More

Military Generals Are Just Another Group of Self-Interested Technocrats

Bureaucracy and RegulationCronyism and CorporatismWar and Foreign Policy

Blog09/21/2020

In recent decades, active generals and retired generals have grown into a group of politically influential technocrats who are regularly feted in the media as incorruptible experts.

Read More

Massive Stimulus Won't Prevent a Eurozone Slowdown

Booms and BustsCronyism and CorporatismMoney and Banks

Blog08/28/2020

Europe's path to long-term stagnation should serve as a reminder for the United States, again, of why it is not advisable to follow the eurozone policies. The results are invariably disastrous.

Read More

Growth and Income Inequality in Africa

Cronyism and CorporatismPoverty

Blog08/19/2020

There are two kinds of inequality. One develops as societies innovate and become more productive. The other kind results from government corruption and intervention.

Read More