"The Economics and History of Cronyism" is the title of a new paper by David Henderson that has been issued by the Mercatus Center at George Mason University. It concludes: "The more power the government has over the economy, the more allocation of resources will depend on political connections. The way to eliminate cronyism is to have free markets and little government control."
Capitalism Versus Cronyism
https://www.futureofcapitalism.com/2012/08/capitalism-versus-cronyism
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