Bailouts Are Just the Tip of the Crony Capitalist Iceberg
The Mercatus Center has released a great new interactive graphic about the dangers of crony capitalism. As they make clear, the 2008 bailouts are just the tip of the iceberg. Crony capitalism distorts markets and promotes inefficiencies and bubbles through regulations, subsidies, protectionism, and more.
Hover your mouse over each form of cronyism to see Mercatus’s take on the issue. You can see some of AEI’s related material here.