Crony capitalism isn’t capitalism at all; it’s just cronyism paid for by taxpayers
If you have a fast connection you might want to set this video on 720p HD … Continue reading
If you have a fast connection you might want to set this video on 720p HD … Continue reading
The new American dream — “I want to be a crony.” Crony Capitalism: An economy that is nominally free-market, but allows for preferential regulation and other favorable government intervention based on personal relationships. In such a system, the false appearance … Continue reading
Walter Russell Mead at Via Media: There is something profoundly wrong with an American political culture that accepts chronic misgovernment in major cities as OK. It is not OK; the people who do these things may call themselves liberal Democrats … Continue reading
That sort of potluck wouldn’t turn out well. Those that made the effort to prepare a dish for friends would see the 5 who came empty handed as moochers. Glenn Reynolds’ Sunday Washington Examiner column uses the potluck dinner as a … Continue reading
[vodpod id=ExternalVideo.1002806&w=640&h=385&fv=allowfullscreen%3D] “Green jobs” is a bust. There was never a “business” there. From ABC News: Peter Lynch, a longtime solar industry analyst, told ABC News the company’s fate should have been obvious from the start. “Here’s the bottom line,” … Continue reading
From David Harsanyi: Recessions come and go. Typically we emerge with strong sustained growth. Not this time. Today we learned that employers added the fewest jobs in 8 months. Unemployment jumped back to 9.1 percent – and really, the level … Continue reading
Adam Smith wrote An Inquiry Into the Nature and Causes of The Wealth of Nations in 1776 to argue against Mercantilism and in favor of the free exchange of goods and services produced by private entrepreneurs as the source of … Continue reading
If you love the history of culture, ideas and their political implementation you will benefit from spending 9 minutes with this video. Margaret Thatcher said that liberals eventually run out of other people’s money. That is increasingly true and will … Continue reading
What makes fructose fattening? Oregon Health & Science University researchers find some potential clues in the brain: The dietary concerns of too much fructose is well documented. Sweeteners containing fructose are commonly added to processed foods. Many dietary experts believe … Continue reading
Lenin is reputed to have said that capitalists would sell him the rope to hang them. Actually, some capitalists would and others would not. Those who would are properly called crony capitalists and the others are free market capitalists. A … Continue reading