Acton Line podcast: What is cronyism? Samuel Gregg on reason and faith in Western civilization
Cronyism is everywhere, affecting industries, entrepreneurs and customers and distorting the market through political advantage. So what is cronyism and how does promise genuine capitalism? Anne Rathbone Bradley, the current academic director at The Fund for American Studies, as well as the vice president of Economic Initiatives at the Institute for Faith, Work and es onto the show to explain how cronyism affects the market and how bat it. Afterwards, Acton’s director of research, Samuel Gregg, joins the show to...