Don’t underestimate the danger of crony capitalism

A short essay from your editor in Foreign Policy Magazine.

(From Foreign Policy Magazine)

In a recent piece in Foreign Policy titled “Big Business Isn’t Big Politics,” an excerpt from the new book Big Business: A Love Letter to an American Anti-Hero, the economist Tyler Cowen makes the case that our fears of crony capitalism are “misplaced….However, to dismiss the influence of large private interests is a mistake.

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