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Any time government has greater control over commerce, there is an increased incentive to buy off officials or lobby for special treatment.
cro-ny-ism noun :: Favoritism shown to old friends without regard for their qualifications, as in political appointments to office. "The cronyism of the CEO filled the company's...
From inside his glass house, Emanuel's stone-throwing is intended to deflect from the fact that politics has been a major profit center for him and other Democrats.
The bill would not only codify Trump's actions into law, it would establish a framework for both this and future administrations to do it too.
Central planning from Commerce Secretary Howard Lutnick, President Donald Trump, and others reflects a fundamental misunderstanding of what makes private markets work.
Whether it is a presidential pardon, exclusive access to the Oval Office, an invitation to a White House dinner, mining rights on native lands, no-bid contracts, or an ambassadorsh...
Prices rise. People blame capitalism. Politicians promise “solutions.” President Donald Trump wants to cap credit card interest rates. My socialist mayor wants to freeze rents. Eli...
The reversal wasn't because the economics changed. It is because their biggest shareholders turned toward industrial policy.
For some wealthy offenders, clemency is just a golf game—or a million-dollar plate at Mar-a-Lago—away.
At this point in American history, the only path for our country to again get back to moderating capitalism is for the Democratic Party to win elections. At one point, both parties...
In this podcast, I discuss with John Christensen how capitalism and democracy have come apart, and why this was not an accident. Together, we explore Read the full article...
Yesterday afternoon, we took a little look at the latest crony grifting scandal involving Oklahoma Governor Kevin Stitt. As opposed to the Swadley’s Swindle, Class Wallet grift, an...
Trump Takes His Cut Federal stakes in public companies may enrich the government, but they are bad for America. By James Surowiecki, The Atlantic When it comes to the government’s...
Two books on the history of capitalism provide lessons for how to tame it.
"They're going to reject crony capitalism... And you're going to get your comeuppance, and you can say all you want about socialism." The post Rahm Emanuel Throws Down With Glenn Y...
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