Cronyism and Corporatism

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.

Ryan McMaken and Tho Bishop discuss recent inflation news, broader chaos in financial markets, and another round of funding for Ukraine.

The patent system in pharmaceuticals incentivizes firms to game the system for monopoly profits.

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism.

Contrary to what progressives may claim, Twitter has not been the "town hall for democracy," but rather an enforcer for "wokeness, political fealty, and obedience to official state dictates and narratives."

The patent system in pharmaceuticals incentivizes firms to game the system for monopoly profits.

Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism.

Part II: The Hamiltonian Era, 1790–1801.

Part II: The Hamiltonian Era, 1790–1801.