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Volume 23  Number 3  •  Winter 2019
All Issues:  

The Road to Crony Capitalism
By Michael C. Munger, Mario Villarreal-Diaz
This article appeared in the Winter 2019 issue of The Independent Review

Do free-market economies have inherent weaknesses that create long-run tendencies toward cronyism? If so—and the evidence suggests this is the case—then the best dose of prevention may be to empower entrepreneurs who do not want to become rent seekers and constrain state actors from selling off rents in the first place.

This article will be posted in full nine months after its initial print publication. To read it now, please download the issue via the Independent Review app (available on iOS, Kindle Fire and Android) for $2.99, or buy a print copy of this issue for $12.00.


Other Independent Review articles by Michael C. Munger
    Fall 2018   What Is “Actually Existing Socialism”?
    Fall 2018   Social Class and State Power
    Spring 2018   Private Government
[View All (32)]







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