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crony capitalism

Regime Change & The Making of Fidel Castro

by Derek Franklin | Apr 22, 2018 | Featured Articles, Foreign Policy

Thursday, April 19, 2018 marked the arrival of a new president of Cuba -- Miguel Díaz-Canel Bermúdez. The New York Times refers to Mr. Miguel Díaz-Canel as "the handpicked successor" to Raúl Castro and someone who is "virtually unknown." Raúl Castro, the man Miguel...

Regime Change & The Making of Fidel Castro

by Derek Franklin | Apr 22, 2018 | Featured Articles, Foreign Policy

Tariffs Are Not the Answer

by Ron Paul | Mar 12, 2018 | Economics, Featured Articles, Foreign Policy

President Trump’s planned 25 percent tariff on steel imports and 10 percent tariff on aluminum imports may provide a temporary boost for those industries, but the tariffs will do tremendous long-term damage to the American and global economies. Tariffs raise the price...

Capitalism’s Biggest Enemies Are Capitalists

by Randall Holcombe | Jan 24, 2018 | Economics, Featured Articles

For most of human history, mankind’s standard of living remained perilously close to a bare subsistence level. Then, a few hundred years ago, capitalism brought with it the Industrial Revolution that has generated unprecedented economic progress. Capitalism is by far...

7/17/17 Kelley B. Vlahos: the Insidious Nuclear Weapons Industry

by Damon Hatheway | Jul 18, 2017 | Hotter Than the Sun, The Scott Horton Show

Kelley B. Vlahos joins Scott to discuss her latest article on the failures of the nuclear weapons industry for the American Conservative Magazine, "Dr. Strangelove and the Los Alamos Nuclear Fiasco". Vlahos details how the government has corporatized nuclear labs with...

Massive Corporate Consolidation of Local Media Underway

by James Holbrooks | May 13, 2017 | Blog

In a deal that will allow one broadcasting company to reach 72 percent of U.S. households, it was reported this week that Sinclair Broadcast Group is buying Tribune Media for nearly $4 billion. Such a move wouldn’t have been possible a few weeks back, but...

The US Tax Code: Welfare for Accountants

by Eric Schuler | Apr 4, 2017 | Economics, Featured Articles

The US income tax system has earned an appropriately notorious reputation. Each year around this time, Americans go through the unpleasant tradition of gathering up their paperwork, transferring numbers from one set of government forms to another, and answering...

Steve Bannon Believes Winter Is Coming

by Dan Sanchez | Feb 15, 2017 | Featured Articles, Politics

"History is seasonal and winter is coming.” No, that’s not a Game of Thrones quote. It’s the last line of a 2010 documentary called Generation Zero, written and directed by Steven K. Bannon. Perhaps you’ve heard of him. Bannon is President Donald Trump’s senior...

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Winter Reading

Libertarian Institute Director Scott Horton’s new book is shaking things up and making a stir all at once. Provoked: How Washington Started The New Cold War With Russia And The Catastrophe In Ukraine is a read it and weep. Or, for the War Party hacks, don’t read it;...

A Warhead That Could: The Extinction Event for Exquisite Military Platforms

Chalk up another crafty Revolution in Military Affairs (RMA) to the Russian military. I am hoping the West has noticed the game changer that a conventional warhead on hyper-sonic IRBMs and ICBMs has changed the balance of power in near peer and peer combat for the...

Economics Is about Individual Choice

"The light which the economic theorist can throw on an economic process, or on the outcome of such a process, is viewed as deriving from his ability to relate back the process to the individual acts of choice of which the process is made up. Through the theorist’s...

New WarNotes Podcast Episode is Live Monday 16 December 2024

Ep 005 "Fixing Fight Club: 21st Century Nuclear Renaissance" In this episode, a complete reassessment of American nuclear weapons has to be done. In the future near-peer and peer fight, nuclear weapons will be an option in the 21st century and no one can predict how...

How Far We’ve Come

"The conditions under which modern man of the capitalist West must act are different from those under which his primitive ancestors lived and acted. As a result of the providential care of our forebears we have at our disposal an ample stock of intermediate products...

The Vulnerable Capitalist

"Popular literature attributes enormous 'power' to the capitalist and considers his owning a mass of capital goods as of enormous significance, giving him a great advantage over other people in the economy. We see, however, that this is far from the case; indeed, the...

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