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I Study Corporate Welfare. Even I Was Shocked by This Cronyism.

Summary:
The Private Export Funding Corporation (PEFCO) is an abomination of cronyism, and it looks like it's about to be renewed for another 25 years. Read more at the New York Times.

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The Private Export Funding Corporation (PEFCO) is an abomination of cronyism, and it looks like it's about to be renewed for another 25 years. Read more at the New York Times.

Veronique De Rugy
Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University and a nationally syndicated columnist. Her primary research interests include the U.S. economy, the federal budget, homeland security, taxation, tax competition, and financial privacy. Her popular weekly charts, published by the Mercatus Center, address economic issues ranging from lessons on creating sustainable economic growth to the implications of government tax and fiscal policies. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt and deficits, and regulation on the economy.

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