Crony Capitalism
Huawei in Hot Water With U.S. Again

First it was electronic surveillance, now it’s sanction violations. China’s Huawei, one of the biggest competitors of U.S. tech companies, is in trouble with the U.S. government again for possibly violating U.S. sanctions against Iran.

Closing a Big Pharma Loophole in Medicaid

Congress claims the drug companies purposely misclassify drugs as generic instead of brand name to avoid paying higher rebates to Medicaid, and that it’s costing taxpayers millions of dollars.

The Root of All Economic Evil?

Crony capitalism is a key factor in establishing and maintaining monopolies, and all the economic problems that accompany them.

Current Fed Policies Puzzling to Ex-Fed Chairman Volker

If Fed policies have you scratching your head at times, you’re not alone. In his recent memoir, Paul Volker questions the use of an arbitrary inflation rate target, monetary policy as stimulus, and other current Fed policies.

Ignore Market Demand at Your Peril

Too much reliance on Obama administration subsidies and ignoring market demand paved the way for the recent GM plant closings.

When Stealing is Legal

Civil asset forfeiture gives law enforcement and lawyers the right to seize property from lawbreakers, or suspected lawbreakers, far in excess of the criminal penalties they would face and is an invitation for abuse and corruption.