Commentary: Amazon’s New York Reversal Shows Exactly Why Crony Capitalism Fails

by Rachel Greszler   Just months after announcing it would locate one of its headquarters in New York City, Amazon has announced that it’s pulling the plug on the Big Apple. Based on Amazon’s public statement, it seems the company couldn’t rely on the deals it had cut or the…

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New Chattanooga Tax Credits Could Invite Crony Capitalism

Hamilton County officials are handing out federal tax credits to investors and other developers so they’ll spruce up blighted areas, but some people worry politicians will only give these credits out to friends and political donors. Government bestowing preferential treatment upon certain businesses — but not others — is called…

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