Cronyism at the movies

posted by
March 12, 2013
Foundation for Economic Education
by Sara Walcott  
Posted in Commentary

"I recently had dinner with a new friend who wanted to talk about politics. She  hadn’t heard of libertarianism before, and in the middle of my bumbling attempt  to explain it, she interjected, 'Oh, so you like capitalism.' While this was a  good starting point for us to be speaking the same language, I found myself  unable to agree without explaining the difference between capitalism and  cronyism." (03/12/13)  

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