All Posts Tagged With: "protection money"

Regulatory Extortion

Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]

1Mar2000 | Thomas J. DiLorenzo | 8 comments | Continued

Mafia Capitalism or Red Legacy?

Gary Dempsey is a foreign policy analyst at the Cato Institute in Washington, D.C. Aaron Lukas is an analyst at Cato’s Center for Trade Policy Studies. Russia is experiencing an organized crime epidemic. Its interior ministry says there are now more than 9,000 criminal organizations operating inside the country, employing nearly 100,000 people, or about [...]

1Aug1998 | and and Gary Dempsey | 0 comments | Continued
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