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The Road to Ruin Is Paved with Subsidies
Summary by Rational Standard
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1 Articles
The Road to Ruin Is Paved with Subsidies
Photo by Arnaud STECKLE on UnsplashSomewhere in the world a politician is promising to make people better off. A new law, tax, or subsidy will deliver jobs, better healthcare, and affordable housing. Economists, academics, and policy experts armed with economic models support the proposal.Interventionists justify interventions as being good for society, the environment and economic growth.If this were true, we would by now be living in paradise.…
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