Corporate Welfare
When government bestows privileges—monopoly status, subsidies, bailouts, loan guarantees, targeted tax breaks—on particular firms or industries, it does so at the expense of everyone else in the economy: taxpayers, entrepreneurs, and everyday citizens. Mercatus research demonstrates how such government favoritism misdirects resources, impedes genuine economic progress, breeds corruption, and undermines the legitimacy of both the government and the private sector.
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Latest work in Corporate Welfare
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the Delaware General Assembly, House Economic Development/Banking/Insurance & Commerce Committee
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Moral Hazard: Airline Edition
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Ex-Im's Pandemic Cronyism
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Don’t Be Fooled: The Export-Import Bank Is in the Big-Business Business
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
How the Cronyism Sausage Is Made
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Michael Farren on Wisconsin Public Radio - Foxconn Backs Out
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Infrastructure Corporate Welfare
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
A Waste of Money
Subsidies, such as for Project Mastodon, ineffective in corporate machinations
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to End Company-Specific Subsidies
Testimony before the Illinois General Assembly, House Revenue and Finance Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
Ending Nondisclosure Agreements Would Reduce Subsidy Waste
Testimony before the Illinois General Assembly, House Revenue and Finance Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
Understanding the Harm Caused by Economic Development Subsidies
Testimony before the Finance Committee of the Common Council of the City of Fort Wayne
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Third Airline Bailout Is No Better Than the First Two Bailouts
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the Connecticut General Assembly, Finance, Revenue and Bonding Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the State of Rhode Island General Assembly, House Finance Committee
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Is There a Solution to Iowa’s — and America’s — Stadium Subsidy Cronyism?
It’s like a game of musical chairs: Politicians pull the seat out from under families and small businesses to privilege politically influential corporations.
- | Government Spending Government Spending
- | Radio Appearance Radio Appearance
Veronique de Rugy on The David Webb Show - Airline Bailout
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Never Let a Good Manufactured Crisis Go to Waste
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Airline Cronyism
Latest work in Corporate Welfare
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the Delaware General Assembly, House Economic Development/Banking/Insurance & Commerce Committee
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Moral Hazard: Airline Edition
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Ex-Im's Pandemic Cronyism
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Don’t Be Fooled: The Export-Import Bank Is in the Big-Business Business
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
How the Cronyism Sausage Is Made
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Michael Farren on Wisconsin Public Radio - Foxconn Backs Out
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Infrastructure Corporate Welfare
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
A Waste of Money
Subsidies, such as for Project Mastodon, ineffective in corporate machinations
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to End Company-Specific Subsidies
Testimony before the Illinois General Assembly, House Revenue and Finance Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
Ending Nondisclosure Agreements Would Reduce Subsidy Waste
Testimony before the Illinois General Assembly, House Revenue and Finance Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
Understanding the Harm Caused by Economic Development Subsidies
Testimony before the Finance Committee of the Common Council of the City of Fort Wayne
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Third Airline Bailout Is No Better Than the First Two Bailouts
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the Connecticut General Assembly, Finance, Revenue and Bonding Committee
- | Corporate Welfare Corporate Welfare
- | State Testimonies State Testimonies
An Interstate Compact to Phase Out Corporate Giveaways
Testimony before the State of Rhode Island General Assembly, House Finance Committee
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Is There a Solution to Iowa’s — and America’s — Stadium Subsidy Cronyism?
It’s like a game of musical chairs: Politicians pull the seat out from under families and small businesses to privilege politically influential corporations.
- | Government Spending Government Spending
- | Radio Appearance Radio Appearance
Veronique de Rugy on The David Webb Show - Airline Bailout
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Never Let a Good Manufactured Crisis Go to Waste
- | Corporate Welfare Corporate Welfare
- | Radio Appearance Radio Appearance
Veronique de Rugy on The John Batchelor Show - Airline Cronyism
Latest work in Corporate Welfare
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
How Your Taxes Subsidize the Super Bowl — and How That Might Change
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Memo to Team Biden: Rein in the Export-Import Bank
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
A Different Fiscal Fix for State, Local Governments
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
The Equal Liberty Agenda
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
$75 Billion in Band-Aids Won't Cure Ailing Airlines
Airlines keep claiming they need a second bailout to bring back 35,000 furloughed employees. Don't buy their argument.
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Fake Jobs, Fake News: Fake Foxconn Comes Further Into Focus
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
The Always-Evolving but Still-Bogus Argument for Airline Bailouts
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
A Very Bad Bet
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Why Certain Corporations Get Bailed Out & What You Might Do About It
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
What Was Pelosi’s Taxpayer Ransom’s Goal?
You assume that the airline bailout would be stimulative. Yet bailouts benefit mostly shareholders and creditors rather than workers.
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
$75 Billion in Band-Aids Won't Cure Ailing Airlines
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Once Again, the Export-Import Bank Dogs Taxpayers With Pemex
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Canceling Spectator Sports Won’t Cancel Cash-Strapped Taxpayers’ Stadium Debt
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Airlines Once Again Approach Congress With Captain's Hat in Hand
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
I Study Corporate Welfare. Even I Was Shocked by This Cronyism.
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Tesla’s Factory Will Be Good for Texas, but the Subsidies Were Likely a Waste of Money
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
Let’s Fix the Laws Around Hospital Capacity Before the Next Health Crisis
- | Healthcare Healthcare
- | Expert Commentary Expert Commentary
How More States Can Free up Emergency Health Care
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary
The Right Fix for Opportunity Zones
- | Corporate Welfare Corporate Welfare
- | Expert Commentary Expert Commentary