Study of American Capitalism

Summary

Taxpayers, entrepreneurs, and everyday citizens suffer when the government bestows privileges like monopoly status, subsidies, bailouts, loan guarantees, and targeted tax breaks on particular firms or industries. Mercatus research examines how government-granted privileges misdirect resources, impede genuine economic progress, breed corruption, and undermine the legitimacy of both the government and the private sector. 

Marginal cost > marginal benefit; no content produced in this category.

Marginal cost > marginal benefit; no content produced in this category.

Marginal cost > marginal benefit; no content produced in this category.

Marginal cost > marginal benefit; no content produced in this category.