Blog author: jcarter
Tuesday, February 23, 2016
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Here on the Acton PowerBlog we talk a lot about crony capitalism. But what exactly does the term mean? And why is it so bad?

In this short video from Prager University, Jay Cost, a staff writer at The Weekly Standard, explains what it is, why it’s wrong, and proposes a solution that every society could benefit from.

 

See also: What Christians Should Know About Crony Capitalism

Economics in One Lesson : The Shortest and Surest Way to Understand Basic Economics

Economics in One Lesson : The Shortest and Surest Way to Understand Basic Economics

This classic work provides the layman with a clear understanding of the economic way of thinking. A must-read for the beginner!