Cronyism and Corporatism

Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses. 

Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.

Ryan and Tho look at conman Sam Bankman-Fried, the scam of FTX, and how regime legitimacy fuels fraudulent companies with unprofitable business practices.

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

As "decarbonize agriculture" becomes the watchword, powerful multinational agriculture firms have embraced the 2030 UN agenda. Their actions will result in widespread hunger.

As inflation advances and the economy slowly implodes, we also learn valuable lessons.

While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.

As "decarbonize agriculture" becomes the watchword, powerful multinational agriculture firms have embraced the 2030 UN agenda. Their actions will result in widespread hunger.

While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.