Crony Capitalism Comes With Big Government
By Randall Holcombe | Thursday March 15, 2012 at 9:33 AM PDT
Economic policy issues often divide on “pro-business” and “pro-government” arguments, with the pro-government side arguing that we need big government to correct the failures of the market, regulate business activity, and stand up to crony capitalism. The problem with this pro-government view is that crony capitalism inevitably comes with big government.
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