Adam Smith vs. Crony Capitalism
Sheldon Richman at Reason takes an interesting look at the economist Adam Smith’s take on crony capitalism, being especially wary of businessmen who seek to use government to achieve their ends.
View ArticleFlashback: How many lobbyists does it take to change a light bulb?
In 2007 Timothy Carney wrote in the Washington Examiner about the lobbying surrounding the new (at the time) light bulb standards.
View ArticleFlashback: Regulate Me! Financial planner edition
Last year Timothy Carney wrote an article about how financial planners were arguing for more regulation, and how this phenomenon isn’t anything new.
View ArticleCronyism in the Air
.entry p {text-indent:50px;} By Billy Culleton Without needing federal approval, on December 17, 1903, two bicycle mechanics from Ohio made history by flying the first powered aircraft over the...
View ArticleCEO Makes Case Against Corporate Welfare: An Interview with Mark Baker
In an interview from 2006, the CEO of Gander Mountain makes the case that corporate welfare for retail stores is poor public policy. It also should be noted that incentives to lure retail into a...
View ArticleCoconuts and Cronyism: A case from the Phillippines
Marc Jayson Cayabyab AND Gian C. Geronimo write an article for GMA News about a long-standing case of cronyism occurring in the Phillippines, a tax on coconut farmers that was ostensibly to help grow...
View ArticleBlast from the past–Detroit style
In this prescient article from 2005, Michael LaFaive details the decades-long problem of corporate welfare, tax-happy politicians, and misaligned incentives and their impact on the Motor City. These...
View ArticleTax breaks for Boeing: We’re No. 1
Danny Westneat, a columnist for the Seattle Times, laments at the latest corporate welfare megadeal for Boeing. In fact, this is the largest state-based tax subsidy deal in the history of our country,...
View ArticleThomas Sowell’s Wisdom
In order to help you awake from you avian-induced holiday slumber, we thought we’d post the Townhall column on Thomas Sowell’s greatest quotes. There are timeless nuggets of wisdom throughout Professor...
View ArticleClassic Cato: Corporations versus the Market; or, Whip Conflation Now
In this 2008 Cato essay, Roderick T. Long discusses the difference between free-markets and corporatism. Many groups of people are to blame — libertarians, conservatives, businesses, and liberals are...
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