Is "capitalism" and "business" the same thing? Most people would probably answer yes, but that's a mistake.
Posts tagged as “Cronyism”
Two large articles in the Wichita Eagle regarding Charles and David Koch of Wichita-based Koch Industries have attracted many comments, and many are not based on facts.
An op-ed written in favor of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom.
Fran Tarkenton wonders: "So why do we vilify people who represent the greatness of America? Is it just because they have different political beliefs? It’s time to stop demonizing people who do things the right way and generate tremendous wealth -- and value to all Americans."
Tomorrow the Wichita Metro Chamber of Commerce will announce, according to the Wichita Eagle, new economic development initiatives. Past history suggests that the efforts will not be fruitful for the Wichita area. The inclinations of the parties involved in this effort are for more government intervention and less reliance on economic freedom and free markets.
The Wichita City Council will consider economic development incentives designed to secure new jobs in Wichita at NetApp. Few Kansans, however, are probably aware of the entire scope of the incentive package and the harm it causes.
When businesses feed at the federal trough, they threaten public support for business and free markets, explains Charles G. Koch.