Cronyism is just as threatening to free enterprise as big government

(From AEI.org)

“But we hope GOP convention-goers also remember that, beyond statism, there’s a second and equally-worrying threat to economic liberty in America today: Cronyism, the process by which market competition is shut down by political actors to benefit particular individuals or firms. Think the GM bailout, the Solyndra deal, the Farm Bill, or a thousand other examples of un-free enterprise today at the hands of politicians and their insider friends in the private sector.”

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