Economics

355 Posts

Book Review: Crony Capitalism in America

Crony Capitalism in America: 2008–2012

According to this provocative book, the US economy is morphing into crony capitalism, a system in which business success is fostered by relationships between business and government. To gain a competitive edge or to limit competition, business interests lobby the government to tilt — rather than level — the playing field by granting their particular companies special favors. The end result is a system in which the few are enriched at the expense of the many. Read more

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Poll: Is the Annexation of Crimea the Beginning of a Campaign by Russia to Reestablish the Former USSR’s Borders?

Nearly 50% of our 882 poll respondents believe that the Russian annexation of Crimea could signal the beginning of a campaign to reestablish the borders of the former Soviet Union, reflecting significant anxiety about, as well as a potential misunderstanding of, what motivates Russian President Vladimir Putin and the Russian state. Read more

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