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Keyword: promarket

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  • An Economic Agenda for the GOP (from pro-business to pro-market)

    11/24/2009 3:50:46 PM PST · by TigerLikesRooster · 8 replies · 369+ views
    City Journal ^ | Aug,, 2009 | LUIGI ZINGALES
    An Economic Agenda for the GOP Republicans need to be pro-market, not pro-business. /snip The Republican Party today must follow a similar strategy, updated for present circumstances. It has to move from a pro-business strategy that defends the interests of existing companies to a pro-market strategy that fosters open competition and freedom of entry. While the two agendas sometimes coincide—as in the case of protecting property rights—they are often at odds. Established firms are threatened by competition and frequently use their political muscle to restrict new entries into their industry, strengthening their positions but putting their customers at a disadvantage....