Tag: crony capitalism

Surprise! Senate Banking Committee Rejects Nominee Critical of Export-Import Bank
Free Markets

Surprise! Senate Banking Committee Rejects Nominee Critical of Export-Import Bank

With two Republicans joining the committee’s Democrats, the Senate Banking Committee voted on Tuesday to not advance the nomination of former New Jersey congressman Scott Garrett to be the chairman of the Export-Import Bank. It’s a rare defeat for one of President Trump’s executive-branch nominees, and was driven by Garrett’s […]

Jim Gray: End Crony Capitalism by Giving Small Businesses The Same Tax Benefits as Disney
Commentary Free Markets

Jim Gray: End Crony Capitalism by Giving Small Businesses The Same Tax Benefits as Disney

It is truly a rare occurrence for anyone in either the legislative or executive branches of government not to have favorite constituents to whom they give public money and other favors. Anaheim, California, gives great tax advantages to Disneyland. California Gov. Jerry Brown and officials from many other states and […]

Scott Walker’s Special Tax Breaks for Foxconn Are Crony Capitalism Plain And Simple
Featured Free Markets

Scott Walker’s Special Tax Breaks for Foxconn Are Crony Capitalism Plain And Simple

It wasn’t long ago that Wisconsin Republicans professed to be a new breed of Republican, one less focused on divisive social issues and dedicated to free-market and smaller-government reforms that would spur job creation and economic growth. The party enjoyed the substantial backing of the Charles and David Koch network […]