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    Regulatory capture, the hidden cronyism

    The captured regulator is a pernicious failed safeguard against cronyism that cloaks corruption in the guise of government oversight.
    Jon Sanders, February 11, 2020
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    Public-choice problems explained in one sentence

    Public-choice problems are very difficult problems to overcome, even when there is broad agreement across political parties and society that they need to be fixed
    Jon Sanders, January 15, 2020
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    CON case to move forward

    Patients in North Carolina and prospective new health care entrepreneurs notched an initial victory in Singh vs. NCDHHS. Dr. Gajendra Singh of Forsyth County is challenging the state’s certificate of need laws. A press release from the Institute for…
    Jordan Roberts, November 22, 2019
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    CJ Commentary: Fighting cronyism could boost N.C. freedom ranking

    This week, senior political analyst Mitch Kokai published an opinion piece in Carolina Journal. His piece focused on North Carolina’s ranking in the Cato Institute’s cronyism index. According to Kokai: The cronyism index “takes into account blatantly anti-competitive regulations,” according to the freedom rankings report. They include minimum markup laws…
    Brenee Goforth, August 20, 2019
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    Econlib asks: If economists agree on free trade, why don’t we have freer trade?

    That question leads to Dartmouth College economics professor Douglas Irwin’s “A Brief History of International Trade Policy,” which is well worth the read for anyone interested. It’s a topic that I’ve written about frequently during the presidency of Donald Trump. Some examples: Tariffs, like minimum wage hikes, are based…
    Jon Sanders, June 11, 2019
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    How to poach Georgia’s ‘movie miracle’: make up numbers, avoid review

    The Hollywood Reporter is the latest publication to fall for bogus numbers from Georgia on the economic impact of its film tax incentives program.
    Jon Sanders, June 7, 2019
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    Cronyism wins when media get lazy

    Here's how media are often lazy in failing to recognize cronyism: they'll suspend their suspicion of big business getting cozy with government when that coziness coincides with their own political preferences.
    Jon Sanders, June 6, 2019
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    Public-choice problems, what they are, and an example of defeating one

    Last week's signing of House Bill 363 was an example of beating back a public-choice problem. That bill frees up craft breweries from the strict 25,00-barrel-per-year cap on self-distribution. This system gave distributors a great deal of power but forced brewers into a tough choice not based on market dynamics: stay small or give up all distribution to a third party.
    Jon Sanders, June 4, 2019