Tag Archives

Archive of posts published in the tag: cronyism

Faith in Democracy

“Fascism took root in Europe only in nations where democratic government was relatively new, often scarcely older than the peace treaty that ended WWI. But where democracies had deeper roots and could count on popular legitimacy — as in England and France — fascist movements never emerged from the fringe.”

Read More

How to Reduce Inflation to Zero

Kevin Williamson’s Welcome to the Paradise of the Real was written over two years ago and I still refer it to readers.Sneaky Inflation is equal to that piece in bringing sound economic thought to bear on current issues with an engaging style.  Both

Read More

The Great Irony of Majoritarianism

From National Affairs George Will writes The Limits of Majority Rule.  I strongly recommend you read the entire essay. an excerpt: So, we must ask: How aberrant, or how frequent, are abusive majorities? A related but different question is: When legislatures, which

Read More

A Veneer of Public Purpose

From John Cochrane at The Grumpy Economist, Micro vs. Macro: The cause of sclerotic growth is the major economic policy question of our time. The three big explanations are 1) We ran out of ideas (Gordon); 2) Deficient “demand,” remediable

Read More

Crony Inequality

from Don Boudreaux at Cafe Hayek A Quick Note On Inequality and Cronyism: Cronyism of the sort that Sam rightly and consistently decries does indeed unjustly enrich some people by making other people poorer.  So such income transfers (which, as

Read More

Koch on Cronyism

Daniel McCoy interviews Charles Koch for the Wichita Business Journal I think one of the biggest problems we have in the country is this rampant cronyism where all these large companies are into smash-and-grab, short-term profits, (saying) how do I

Read More

Koch on Cronyism

In the Wall Street Journal online, (may require paid subscription), Charles G. Koch: Corporate Cronyism Harms America  When businesses feed at the federal trough, they threaten public support for business and free markets. 9/9/12 Excerpt: Only societies with a system

Read More