New Paper: Crony Capitalism a By-Product of Big Government: Randall Holcombe, Professor of Economics at Florida State University, published a new paper through the Mercatus Center that shows cronyism is a result of big government, and government cannot be the solution (emphasis added): “This literature shows that crony capitalism exists only because those in government are in a position to target benefits to their cronies, and have an incentive to do so, because they get benefits in return. The ability to target those benefits is a result of the spending and regulatory power of government, so big government causes cronyism. One remedy often suggested for cronyism is more government regulation and oversight of the economy, but this remedy misunderstands the cause of cronyism. The substantial and well-established economic literature on the components of crony capitalism shows that big government is the cause of crony capitalism, not the solution.”
Sitting on Sidelines “Not an Option” for Faithful: Everyone brings fundamental assumptions to public discourse, whether they call those commitments ‘religious’ or not. Voting is an exercise in expressing a worldview. Every public policy expresses a moral judgment about what is good, from seat belt laws to tax reform to the definition of marriage.
We Have Not Lost a Generation to Liberalism: “So yes, kids today seem to need more stuff than we did in my day to make them happy. Still, certain truths regarding the human spirit are universal and timeless. For example: self-esteem does not come from people giving you stuff. True self-esteem comes from individual personal achievement. And that, my friends, is a foundational principle of conservatism.” Loyd Marcus
TWEETS
Benghazi Fallout: Obama Job Approval Tanks by at least 5% points. http://t.co/RKMoFZCf Please RT to keep pressure on!
Obama's Ohio Early Voting 'Dominance' a Sham http://t.co/T6cqm6Cm
The debates showed us the real Obama: petulant, put upon, above it all, full of himself! http://t.co/lzGKl2LM
Whereabouts Unknown of Attackers Released to Libya by CIA on Someone Else's Orders! http://t.co/bwHnG6xV
Obama still lying; He Knew Within Minutes > There were 2 rescue teams and more planes ready to go! http://t.co/jIfrKN8G
UNFORGIVEABLE! AC-130U Gunship was On-Scene, Obama Admin Refused to Let It Fire http://bit.ly/Sh1Mdo
What Country is This? Should We Be Concerned? http://bit.ly/RWeZWp
Why I Think Obama Is Toast http://bit.ly/RRVuON
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