Life in Crony-Capitalist America

Tags: Interventionism, Corporate Welfare, Taxes and Spending, U.S. Economy

11/14/2013 Mark Thornton

Interviewed by Scott Horton, Mark Thornton discusses life in crony-capitalist America, where Wall Street gets bailouts and interest-free money and Main Street is stuck with Obamacare, food stamps and persistent unemployment.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.