Blame government? Or blame corporate takeover of government?
The Daily Reckoning January 14, 2017 Snippet: “3. Cartel Cronyism You know the drill: regulatory capture, monopolies enforced by the central state, cartels that eliminate competition via absurdly complex regulations imposed by the state, etc. One of my correspondents, a doctor, recently sent me an example of cartel cronyism in the Big Pharma sector: A…