Cronyism is everywhere, affecting industries, entrepreneurs and customers and distorting the market through political advantage. So what is cronyism and how does it compromise genuine capitalism? Anne Rathbone Bradley, the current academic director at The Fund for American Studies, as well as the vice president of Economic Initiatives at the Institute for Faith, Work and Economics, comes onto the show to explain how cronyism affects the market and how to combat it. Afterwards, Acton’s director of research, Samuel Gregg, joins the show to talk about his new book, “Reason, Faith, and the Struggle for Western Civilization.” Gregg lays out what he believes defines the West, how the disintegration of reason and faith has caused the West to decline and what can be done to reclaim it.
Check out additional resources for this episode:
Conservative pushback on free market principles can be traced to big government cronyism
Christians shouldn’t be surprised to find capitalism infected by cronyism
Read “The Road to Crony Capitalism” by Michael C. Munger and Mario Villarreal-Diaz
Senate Confirms 3 to Board of Export-Import Bank, Reviving Agency
Book review: ‘Reason, faith, and the struggle for Western civilization’ by Samuel Gregg
Purchase “Reason, Faith, and the Struggle for Western Civilization”
Why has the West’s integration of reason and faith fallen apart? An interview with Samuel Gregg
The integration of reason and faith is what defines the West, says Samuel Gregg on Ave Maria Radio
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