The American Revolution struck a heavy blow to mercantilism. Unfortunately, many mercantilist policies persisted under new labels: cartelization, monopoly, regulation, and taxation to support corporate friends. Today we call these neomercantilist practices cronyism and corporatism.
Breaking
- Come Back with a Warrant
- Content Moderation, Competition, and Claims of Social Media Censorship
- Too Much Law, Not Enough Judging
- BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’
- The FTC’s Doublethink Confuses Content Moderation, Censorship, and Expression
- Congress Needs to Be Jealous of its Tariff Powers
- AMZN: A Case Study in Bearish Divergence
- DP Trading Room: Defensive Sectors Lead the Pack
