Cronyism would be rampant even if government were limited solely to providing core protective functions. With its rent seeking, rent extraction, and revolving door, the U.S. military sector could be the poster child for peak cronyism.

This article will be posted in full nine months after its initial print publication. To read it now, please buy an electronic version of this issue for $2.99 (available on iOS, desktop browsers, Kindle Fire, and Android), or buy a print copy of this issue for $12.00.