Against Crony Capitalism

A golden hairdryer. Nothing decadent about the European ruling class. (From The New York Post) Macron, who presided over France’s...
Tying pot legalization to “racial justice” makes progress on the topic more difficult. (From Reason) During a hearing that observers...
  If the government wants the assets it’ll take the assets. (From Reason) Under the twisted rules of civil asset...
  The question is whether we have crossed the economic event horizon yet. (From Bloomberg) Negative-yielding debt — bonds worth...
  There are plenty of “guns” for hire in Washington DC. (From Zerohedge) Almost 5,000 miles away in Washington, the...
(From AZ Central) State lawmakers concerned by Boerner’s case said they want to change the law so that mobile-home owners...
  What a surprise. (From Bloomberg) Not only can Chinese cameras come with U.S. labels, but many of the devices,...
  Some have been saying this since 2001. But some people, mostly “civilians” made fortunes large and small in those...
  It’s pretty obvious. Everyday people know they are being squeezed by inflation even if The Fed does not. (From...
  These authoritarian regimes always have “party boy” kids. Iran, Cuba, North Korea, Venezuela, China. Crony systems always produce “princelings”...
  Intoxicants and energy just bring out the crony. Pot constitutes a whole new frontier for rent seeking. Remember, this...
ALWAYS read the fine print. (From Bloomberg) Sanders has proposed a wealth tax, a bank levy and premiums paid by...