States Strike a Blow Against Corporate Welfare

In an op-ed for the Washington Examiner, Alison Acosta Fraser, managing director of research and policy at the Charles Koch Institute, uses Florida’s recent win against cronyism, the denial of $250 million in funding for a state enterprise fund, to illustrate how cronyism goes beyond “enterprise funds” to affect consumers and entrepreneurs through subsidies and regulations. As she writes:

“Stifling the competition through subsidies or regulations raises costs for consumers. But it also means that existing businesses don’t have to work as hard to control their own costs, maintain or improve quality, or innovate with new products or services. No matter how you look at it, corporate welfare creates more losses for consumers, businesses and entrepreneurs than benefits for the privileged few.”

Read the full op-ed in The Washington Examiner

More News Stories

06-30-2020 10:40am

Supreme Court strikes a blow against free speech in Soros case, Charles Koch Institute fellow says

"At the heart of the First Amendment lies the principle that every person should decide for themselves what they want to say, or whether they want to say anything at all."

Read more

06-18-2020 12:12pm

Conversations about race, equality, and the American experience

Organizations such as Braver Angels offer a path forward—driving a movement that seeks to create a space for dialogue to help us better understand each other and learn from each other. In a time where we’re having important conversations about race, equality, and the American experience, hearing each other’s voices is incredibly important.

Read more

06-17-2020 10:15am

Lessons from Tiananmen Square for American Protesters

While Beijing pushed for measures to prevent protests, vigils, and other speech around the anniversary of the Tiananmen Square massacre, Americans across the country started raising their voices to speak out against long entrenched injustices. Charles Koch Institute Director of Free Expression Sarah Ruger spoke to this essential component of progress in a recent commentary in Real Clear World.

Read more

Sign up for updates