Tag Archives: rent seeking

Regulations Create Crony Capitalism

Posted on March 14, 2023 by john

Dear Friends, It seems to me, far from facilitating commerce, regulations are a huge drag on the economy. Not only do regulations produce friction and crush competition, they create incentives to rent seeking. The elite, who benefit from those regulations, … Continue reading →

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The Paradigm Of Crime

Posted on March 5, 2023 by john

Dear Friends, It seems to me, now that crime pays, you can expect lots of crime. As in any profitable enterprise, if the profits are too high, that company can soon expect competition. The competition will rise until there is … Continue reading →

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Out With The Old

Posted on July 28, 2019 by john

We live in innovative times. Our corporations have abandoned that old, outdated, and arcane way of making money, earning it, for the new, fun and exciting way, crony capitalism! Continue reading →

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