crony capitalism

10:35AM
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The SNC-Lavalin affair—crony capitalism in action

The failure of a single firm doesn’t mean the end of the underlying economic activity or related employment.


9:44AM
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Why is economic freedom important? Is it intrinsically valuable or is it valuable because of the outcomes it produces?

3:01AM
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Prime Minister Trudeau and several cabinet ministers recently pitched some big pension and hedge funds on the benefits of investing in Canada.

8:25AM
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Ontario had to write-off $1 billion of taxpayer money from the General Motors/Chrysler bailout.

9:10AM
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Don't blame Smith or Friedman for the crimes and cronyism of others.

2:04PM
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When people believe profit comes from cronyism, economic progress is threatened.

4:01PM
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Imagine a nation, whose richest woman, with billions stashed away, is the daughter of the former president, whose family owns 17 country estates in his birth state.