When State-Subsidized Industries Attack - Galt's Gulch

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When State-Subsidized Industries Attack

Posted by richrobinson 11 years, 9 months ago to Economics

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I can see guys like James Taggert and Wesley Mouch sitting around coming up with ideas like this.

SOURCE URL: http://us1.campaign-archive2.com/?u=bf16b152ccc444bdbbcc229e4&id=588ea364d6&e=52bacaab3c

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Posted by jbrenner 11 years, 9 months ago

And Orren Boyle. It is precisely what is in the linked article that told me it was time to sell my biofuels business. It was virtually impossible to compete financially against state subsidization, publicity, and endorsement.

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  Posted by richrobinson 11 years, 9 months ago
  
  The free market can handle all of these decisions just fine. It kills me that our tax money is subsidizing a program that is causing food prices to go up. It's crazy.
  
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    Posted by jbrenner 11 years, 9 months ago
    
    Yes, the free market can, but we don't have a free market left in any country.
    
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