Acton Institute Powerblog Archives

Post Tagged 'American government'

Just how bad is crony capitalism?

The Bosses of the Senate, a cartoon by Joseph Keppler. First published in Puck 1889. Cronyism is ugly. It hurts the economy, it’s unjust, and corrupts the core of democracy.  “The damage that cronyism has inflicted on the economy is considerable,” Samuel Gregg writes in a new piece for Public Discourse. Continue Reading...