Necessary for the Minimal, Protective State
By Christopher J. Coyne, Abigail R. Hall Blanco
This article appeared in the Winter 2018/19 issue of The Independent Review.
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.
Bureaucracy and GovernmentCampaign FinanceEconomic PolicyEconomyFree Market EconomicsGovernment and PoliticsLaw and LibertyPolitical TheoryPublic Choice
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