Cronyism and Corporatism

Displaying 61 - 70 of 258

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.

Read More

"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. 

Read More

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.

Read More

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.

Read More

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.

Read More

How Rent Seeking Impoverishes Nations

Corporate WelfareCronyism and CorporatismProtectionism and Free TradeTaxes and Spending

Blog01/08/2020

So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.

Read More

In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

Read More

Expect the ECB to Use a "Climate Crisis" to Justify Their Next Stimulus Plan

Cronyism and CorporatismThe EnvironmentMoney and Banks

Blog11/23/2019

The ECB, always happy to repeat the mistakes of Japan, is likely to start new programs of debt monetization for green projects and claim it is a different, radical and new measure.

Read More

PG&E's Failures Show the Dangers of Government-Imposed Utility Monopolies

Bureaucracy and RegulationCronyism and CorporatismMonopoly and Competition

Blog10/30/2019

 The reason PG&E can get away with such outrageous mismanagement is that the California government literally guarantees them their business.

Read More

The Data Shows Socialists — Not Sanctions — Destroyed Venezuela's Economy

Cronyism and CorporatismProtectionism and Free TradeSocialism

Blog07/04/2019

If we stick to the data, regardless of which socioeconomic indicator we choose, it seems clear that the sharp economic downturn began long before 2017.

Read More