Inequality caused by cronyism

Published January 20, 2014 5:00am ET



Even if opportunity were fully equal, a free market would yield some inequality. Opportunities not being fully equal, a free market yields a good bit of inequality. But I think a lot of people get confused and think the free market is the root of all inequality, and that government is the solution. Sometimes, government interference in the economy is the root of inequality.

Samuel Gregg of the Acton Institute makes the case on inequality and cronyism over at the American Spectator:

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