GM, QE3, and Crony Capitalism by Randall Holcombe

Archive for September 14th, 2012

GM, QE3, and Crony Capitalism »

By Randall Holcombe | Friday September 14, 2012 at 9:39 AM PST | 6 Comments

Yesterday on The Beacon I noted that the Federal Reserve’s new “quantitative easing” measure, QE3, is an example of crony capitalism: the use of public policy to increase the profitability of specific firms and industries. Today I want to compare QE3 with another example of crony capitalism to reinforce the point. General Motors provides...
Read More »

Tags: Bailouts, Corporatism, Corruption, Defense, Economics, Federal Reserve, Government subsidies, Integrity, Money and Banking, Politics, The State


Free Shipping On Orders Over $60! (Within U.S.A.)

		*GUN CONTROL IN THE THIRD REICH: Disarming the Jews and “Enemies of the State”* By Stephen P. Halbrook

		*THE TERRIBLE 10: A Century of Economic Folly* By Burton A. Abrams

		*GLOBAL CROSSINGS: Immigration, Civilization, and America* By Alvaro Vargas Llosa

		*THE POWER OF HABEAS CORPUS IN AMERICA: From the King's Prerogative to the War on Terror* By Anthony Gregory

		*RISKY BUSINESS: Insurance Markets and Regulation* Edited by Lawrence S. Powell

		*CRISIS AND LEVIATHAN (25TH ANNIVERSARY EDITION): Critical Episodes in the Growth of American Government* By Robert Higgs

		*BOOM AND BUST BANKING: The Causes and Cures of the Great Recession* Edited by David Beckworth

		*PRICELESS: Curing the Healthcare Crisiss* By John C. Goodman

		*LIVING ECONOMICS: Yesterday, Today, and Tomorrow* By Peter J. Boettke

		*DELUSIONS OF POWER New Explorations of the State, War, and Economy* By Robert Higgs

		*AQUANOMICS Water Markets and the Environment* Edited by B. Delworth Gardner, Randy T. Simmons

		*FINANCING FAILURE: A Century of Bailouts* By Vern McKinley


Free Shipping On Orders Over $60! (Within U.S.A.)

		*NO WAR FOR OIL: U.S. Dependency and the Middle East* By Ivan Eland

		*BEYOND POLITICS (REVISED AND UPDATED EDITION): The Roots of Government Failure* By Randy T. Simmons

		*GOOD MONEY: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821* By George Selgin

		*THE ENTERPRISE OF LAW: Justice Without the State* By Bruce L. Benson

		*THE CIVILIAN AND THE MILITARY: A History of the American Antimilitarist Tradition* By Arthur A. Ekirch, Jr.

		*THE DECLINE OF AMERICAN LIBERALISM* By Arthur A. Ekirch, Jr.

		*PARTITIONING FOR PEACE: An Exit Strategy for Iraq* By Ivan Eland

		*DEPRESSION, WAR, AND COLD WAR: Challenging the Myths of Conflict and Prosperity* By Robert Higgs

		*LESSONS FROM THE POOR: Triumph of the Entrepreneurial Spirit* Edited by Alvaro Vargas Llosa

		*THE EMPIRE HAS NO CLOTHES: U.S. Foreign Policy Exposed* By Ivan Eland

Archive for September 14th, 2012

GM, QE3, and Crony Capitalism »

Search

Free Email Updates

Shop at Amazon.com

Authors

Categories

New Books

Recent Posts

Archives

Blogroll

Stats

More Books