Archive for the ‘Cronyism’ Category

Comments Off on Thanks to the EBRD, American Taxpayers Are Subsidizing Cronyism in Eastern Europe

INTERNATIONAL LIBERTY – Because of their aggressive support for bigger government, my least-favorite international bureaucracies are the International Monetary Fund and the Organization for Economic Cooperation and Development. But I’m increasingly displeased by the European Bank for Reconstruction and Development, which is another international bureaucracy (like the OECD and IMF) that is backed by American […]

Comments Off on Genuine Free Markets Easily Out-Perform “State-Led Capitalism”

INTERNATIONAL LIBERTY – The good news is that some honest leftists have thrown in the towel and now openly admit that capitalism generates more prosperity. They still don’t want free markets, of course. For ideological reasons, they continue to push for a big welfare state. But at least they admit their redistributionist policies lead to […]