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Nothing forces them to; basic economics tells us that their prices will rise to the point that consumers will bear, and that subsidy increases the price that co
by cheald 10y ago
Nothing forces them to; basic economics tells us that their prices will rise to the point that consumers will bear, and that subsidy increases the price that consumers will bear.
Recent research (http://www.nber.org/chapters/c13711.pdf http://www.nber.org/chapters/c13711.pdf) bears out subsidy as a cost driver, as well.