It seems to me that opposition to corporate cronyism is a cause that should unite the Right and the Left. Veronique de Rugy points to recent studies that show just how costly corporate cronyism is: I have been talking a lot recently about the cost of cronyism – the practice by which government officials provide preferential treatment (such as loans, subsidies, or regulatory preferences) to handpicked firms or industries. Cronyism takes many forms: It is Solyndra, the farm bill, subsidies to oil-and-gas corporations, banks and automobile companies, but also the protections granted to the sugar industry and other industries, tax credits … Continue reading Hold on to Your Wallet: The Cost of Corporate Welfare and Rent-Seeking