How oil price volatility explains these uncertain times By TOM THERRAMUS, 2016/03/01. As oil prices gyrate vigorously in the $30 range, oil-price.net reflects on how surging oil price volatility, the measure of variation in the oil price, is playing out in the oil and stock markets. More Articles:
Cronyism is a more specific form of favoritism, referring to partiality towards friends and associates. Cronyism occurs within a network of insiders-the good ol' boys, who confer favors on one another. Nepotism is an even narrower form of favoritism.
In this view, crony capitalism is the result of an excess of socialist-style interference in the market, which inherently will result in a toxic combination of corporations and government officials running the sector of the economy.