By William Reynolds Monopolies are often the by-product of market failures that are induced through crony capitalist policies. Crony capitalist policies are pieces of legislation enacted to benefit politicians and private companies at the cost of the consumers. The ramifications of these policies on competitive markets can be far-reaching, and in certain instances have larger … Continue reading Crony Capitalism and the Rising Price of the EpiPen
Entrepreneurs Create Wealth that Builds Civil Society
By Giovanna da Silva On March 4, Whole Foods CEO John Mackey led a discussion on social entrepreneurship at LibertyCon, an international pro-liberty student conference hosted annually by Students For Liberty in Washington DC. Mackey detailed his political and business journey from being the owner of a small organic food store to heading one of … Continue reading Entrepreneurs Create Wealth that Builds Civil Society
Why the U.S. Should Adopt the Nordic Approach to Private Roads
By Giovanna da Silva Many view the United States as a free market capitalist state and Nordic countries such as Sweden and Finland as socialist due to their extensive welfare system. Yet, in the United States, most roads, highways, and other transportation infrastructure are publicly owned and operated. Meanwhile, the vast majority of roads in … Continue reading Why the U.S. Should Adopt the Nordic Approach to Private Roads
New Study Explores Crony Capitalism in Florida
A new study published by The James Madison Institute by DeVoe L. Moore Center Policy Analyst Matthew Kelly and Center Director Samuel Staley explores two examples of crony capitalism in Florida's government policy: sports stadium subsidies and film tax incentives. The authors urge Floridians to remain vigilant over the spending of their tax dollars by government … Continue reading New Study Explores Crony Capitalism in Florida
Community Redevelopment Agencies
By Casey Barr Local governments face the perennial dilemma of obtaining money to fund community redevelopment projects. Requesting state or federal funds can be an arduous bureaucratic process, and these funds are often awarded to larger, more prominent cities, ignoring smaller towns where need is arguably greater. Community Redevelopment Agencies (CRAs) allow local governments to … Continue reading Community Redevelopment Agencies
The Foundations of Political Capitalism
By Matt Kelly Thomas Piketty’s Capital in the Twenty-First Century raised quite a stir last year among economists. Piketty identifies rising wealth inequality as inherent in capitalism, and recommends a worldwide wealth tax to temper its effects. Many have taken issue with Piketty’s data and analysis, and the idea that inequality is rising at all … Continue reading The Foundations of Political Capitalism
The Two Kinds of Capitalism
Original post date: February 12, 2014 Article by: Ben Douglas 6/7/2023 Edits: Some links that were no longer working have been fixed. The term “capitalism” is often thrown around in American political discourse without a specified or coherent meaning. Frequently in a debate, opposing parties will attack or defend their own perceived ideas of what … Continue reading The Two Kinds of Capitalism