How close is the US to crony capitalism?
Episode
9 min
Read time
2 min
Topics
Personal Finance, Relationships, Investing
AI-Generated Summary
What It Covers
The Indicator examines whether America is shifting toward crony capitalism under Trump, analyzing billionaire wealth patterns and government-business relationships.
Notable Moment
Trump tells reporters he decides tariff exemptions instinctively, highlighting how policy decisions increasingly depend on presidential whims rather than systematic processes.
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Books, tools, and gear mentioned in this episode
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Tools
by The Economist
“The Economist's index ranks countries by billionaire wealth concentration in rent-seeking sectors like mining and construction. The US ranked 26th out of 43 countries in 2023.”
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