Cronyism in America

Don Boudreaux, Susan Dudley, and Bradley Schiller make some good points:

-Companies spending lots of time and money in Washington begging for handouts is not capitalism.

-Stricter regulation isn’t the solution. Companies routinely rig regulations in their favor to hobble competitors. That isn’t capitalism, either.

If the embedded video below doesn’t work, click here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s