Crony Capitalism and the Spigot of Government Subsidies

Crony Capitalism and the Spigot of Government Subsidies

Creating something that people want is how one gets wealthy in a market economy. Sadly, there’s another way to get rich. It’s called cronyism, and it can make billions for the lucky businesses that get government support — whether their products are profitable or not. In the process, the taxpayers foot the bill. Taxpayer insuranceRead more about Crony Capitalism and the Spigot of Government Subsidies[…]