Economics


China: A Keynesian Monster

By Per Bylund Mises Institute August 4, 2017   China: A Keynesian Monster     I recently spent two weeks traveling in the People’s Republic of China (PRC), a vast country with many contrasts: old vs. new, poor vs. rich, traditional vs. modern, East vs. West. While it is a strange experience with many impressions, what’s […]

China: A Keynesian Monster

LA Times: Remember all those left-wing pundits who drooled over Venezuela?

LA Times: Remember all those left-wing pundits who drooled over Venezuela?

By Against Crony Capitalism August 3, 2017   LA Times: Remember all those left-wing pundits who drooled over Venezuela?     First The Washington Post sounds halfway rational on the minimum wage issue. And now this from the LA Times? Remember folks, and this is one of the few economic/political axioms out there, socialism always fails […]


Rand Paul Teaches Reporter How Capitalism Works | Obamacare

Rand Paul Teaches Reporter How Capitalism Works | Obamacare (VIDEO)

By Against Crony Capitalism June 28, 2017   Rand Paul Teaches Reporter How Capitalism Works | Obamacare     Man. We need some more Rands in the Senate. Kill that “stabilization” fund Senator. (Bailout.) And group insurance is absolutely key. Vital. I say this as an old insurance underwriter. Copyright © 2017 Against Crony Capitalism. Reprinted with permission […]


Don’t Bail Out Failing States Like Illinois

By Against Crony Capitalism June 21, 2017   Don’t Bail Out Failing States Like Illinois     Sounds like a case of the “Detroits.” Actually many cases of the Detroits. The government is too big in these states. There are too many state employees. These employees want unrealistic pensions. (What’s a pension?) They lived like […]

Don’t Bail Out Failing States Like Illinois

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

By Nick Sorrentino Against Crony Capitalism June 20, 2017   The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent     People seem confused by this rally. Really a rally on top of a Fed induced (to a very large extent) bull market extending back many years. How can this be, […]


Could Illinois be the first state to file for bankruptcy?

By Against Crony Capitalism June 16, 2017   Could Illinois be the first state to file for bankruptcy? (Get ready for a state government employee bailout America)     Here’s an idea. Cut government. Cut the apparatus that has built up around the Cook County political machine. (From CBS)   Illinois residents may feel some […]

Could Illinois be the first state to file for bankruptcy?

Dallas Officials Infuriated They Can’t Impose Eminent Domain (VIDEO)

By Against Crony Capitalism May 30, 2017   Dallas Officials Infuriated They Can’t Impose Eminent Domain     This woman is a good example of why free people should generally never trust government officials. She laments that a property owner is “rich” enough to fight the city of Dallas and as such can protect his […]

Dallas Officials Infuriated They Can’t Impose Eminent Domain

Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal

By Nick Sorrentino Against Crony Capitalism May 2, 2017   Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal     Of course they don’t use the word “cronyism” or the term “crony capitalism.” But that’s what the $5 billion in additional spending is all about – cronyism. Included in the deal […]

Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal