4 ms·
> Is it possible the unfathomably complex economic machine will simply adapt to the subsidy? Not only possible: it happens all the time. There are very few ind
by rpgmaker 10y ago
> Is it possible the unfathomably complex economic machine will simply adapt to the subsidy?
Not only possible: it happens all the time. There are very few industries in the US that aren't subsidized by the govt one way or another. Agriculture and oil being one of the best examples.
- aminok 10y agoWe can safely assume, based on some sensible and self-evident axioms, that the adaptation is less economically optimal than the actions that would have been taken absent the authoritarian intervention.