Cronyism

February 07, 2014

The CBO Report on the ACA: Between Right and Left

A recent report from the CBO contains an appendix detailing updated estimates of the labor market effects of the Affordable Care Act (ACA). Pundits for and against the ACA have wasted no time in putting their own particular spin on the projections. Continue Reading...

January 23, 2014

Calvin Coolidge on Cronyism and the Proper Role of Business

In November of 1925, President Calvin Coolidge delivered an address on the topic of the proper relationship between government and business. His audience was the New York State Chamber Commerce. One of Coolidge’s main aims of the speech was to elevate the spiritual value of business. Continue Reading...

January 14, 2014

Samuel Gregg: Crony Capitalist Predators

Acton’s Director of Research, Sam Gregg, discusses crony capitalism in today’s issue of The American Spectator. Gregg says 2014 looks to be the year of “inequality” economically-speaking, and that we must not forget the threat of crony capitalism. Continue Reading...

June 13, 2013

Peter Schweizer Talks Congressional Insider Trading

In his bestseller, Throw Them All Out, Peter Schweizer declares, “The Permanent Political Class has no sense of urgency to change because, for them, business is good.” Schweizer, who is interviewed in the latest issue of Religion & Liberty, appeared today on the Mike Huckabee radio show to talk congressional insider trading. Continue Reading...

June 12, 2013

Religion & Liberty: The Moral Crisis of Crony Capitalism

Today’s new rich is the “government rich” according to Peter Schweizer. Massive centralization of money, resources, and regulation has allowed our public servants and many big businesses to thrive. The poor, new business start ups, the taxpayer, and the free market are punished. Continue Reading...

May 16, 2013

Sebelius Asks Health Care Industry For ‘Donations’ To Prop Up Obamacare

While the Obama administration is busy dealing with the IRS scandal, the Benghazi scandal and the seizure of reporters’ phone records, HHS Secretary Kathleen Sebelius is skirting around a problem as well. Continue Reading...

May 09, 2013

Big Business and Republicans Say Internet Sales Tax is States’ Rights Issue

In The Examiner, Tim Carney asks, “When do 21 Republicans senators vote for higher taxes? Answer: When the biggest businesses and local politicians hire top K Street lobbyists to push for the tax-hike legislation.” Continue Reading...

May 07, 2013

R&L Preview: Peter Schweizer on our Cronyist Culture

After being sentenced to federal prison in 2001 for racketeering, Louisiana’s former governor Edwin Edwards, long famous for his corruption and political antics, humorously quipped, “I will be a model prisoner as I have been a model citizen.” Continue Reading...

April 22, 2013

Will New Internet Sales Tax Laws Create Market Fairness?

It’s called the “Marketplace Fairness Act,” but how fair is it and who does it really benefit? The legislation, which is expected to pass the Senate, is heralded by supporters as instituting market equity to the brick and mortar retailers. Continue Reading...

April 04, 2013

When I Grow Up, I Want to Be a Crony

“What’s a crony? It’s like having a best friend who gives you other people’s stuff.” Continue Reading...

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