Thursday, April 10, 2014

Pro-business, or pro-market?

What is the difference between being pro-business and being-pro market? Well, Jonah Goldberg is glad you asked.
Just to clarify, the difference between being pro-business and pro-market is categorical. A politician who is a "friend of business" is exactly that, a guy who does favors for his friends. A politician who is pro-market is a referee who will refuse to help protect his friends (or anyone else) from competition unless the competitors have broken the rules. The friend of business supports industry-specific or even business-specific loans, grants, tariffs or tax breaks. The pro-market referee opposes special treatment for anyone.

Goldberg wonders which the GOP will choose. Read more here.

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