crony capitalism Archive

When In Doubt, Coerce

In lieu of good policy settings and great execution, this government specifically contributes to a worsening environment in industrial relations, cost, regulation and confidence, then coerces those businesses stupid enough to still be operating to subsidise union workers.

Religious Subsidy? Try Handout to National Airlines

Passing through the United Arab Emirates and I picked up an interesting story on India’s Supreme Court ordering an end to subsidies for India’s Haj pilgrims. On the face, it is surprising the Indian Muslim community supported the order. Until you read that under regulations ┬áthe air route has been shared by national carriers Air […]

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