Free the Market: Ending the Corporate Welfare Racket

Cronyism can take many forms. Regulatory barriers such as unnecessary rules and mandates can prevent entrepreneurship and block new competitors from entering a market. Subsidies use the government’s power to transfer wealth to certain preferred businesses, giving them an unjust advantage. And tax policy can be twisted to create perverse incentives through special credits and “enterprise funds” that reduce overall competitiveness and misalign resources.

While often decrying pro-union and anti-business sentiments on the left, some on the right have an impulse to be pro-business, lured by shortsighted policies at the expense of broader free-market principles and reforms. But is being pro-business the same as supporting free markets? How can those who believe in the importance of markets avoid supporting policies that ultimately amount to corporate welfare or other forms of cronyism?

Please join our panel of experts for a discussion of cronyism, which will also broadcast onRealClear Radio Hour with Bill Frezza.

Cronyism Movie:

In addition to this event, be sure to attend the screening of Farming in Fear, a film about a young, idealistic woman who fulfills her childhood dream of buying and operating a small organic farm only to have local corruption and abuse of power in Fauquier County, Virginia, threaten to put her out of business. The film will be shown in Chesapeake 1-2 at noon on March 3.

Moderator

Bill Frezza, host of RealClear Radio Hour

Panelists

Tim Carney, senior political columnist at the Washington Examiner and visiting fellow at the American Enterprise Institute
Alison Fraser, managing director of research and policy at the Charles Koch Institute
Matthew Mitchell, director of the Project for the Study of American Capitalism and senior research fellow at the Mercatus Center at George Mason University
Peter Schweizer, president of the Government Accountability Institute

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