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news
City Officials Accused of Cronyism in Fight Over Uber, Lyft
MEMPHIS—City officials, citing public safety concerns, have imposed cease-and-desist orders against private ride-share companies Uber and Lyft. Now, in the wake of those decisions, officials are facing questions of possible cronyism. Memphis officials have a strong incentive to help cab companies beat back any competition, said Justin Owen, president of the Nashville-based Beacon Center of… -
opinion
It’s the Cronyism, Stupid: Why the Ex-Im Fight Matters
Few Americans know much about the Export-Import Bank, and yet this obscure government agency is currently the focus of intense debate in the nation’s capital. So what gives? At the most practical level, lawmakers must decide whether to reauthorize Ex-Im’s charter, which expires on Sept. 30. The bank provides taxpayer-subsidized financing to foreign firms so… -
opinion
The Sport of Cronyism
Jurgen Klinsmann, the coach of the U.S. soccer team, caught flak for saying that it’s “not realistic” to believe that his men can win the World Cup. While a U.S. victory would indeed be a shock, the most unrealistic thing about the World Cup is the wider hopes that are pinned on it. In 1994,… -
opinion
See How Cronyism Affects You—in Less Than 90 Seconds
What is “cronyism,” and why does it matter? Merriam-Webster defines it as “the unfair practice by a powerful person (such as a politician) of giving jobs and other favors to friends.” This matters because there are only a few in power, and chances are you’re not one of the favored “friends”—but it’s your money they’re…