3 ms·
There are numerous examples of subsidies in the real world that haven't led to price controls. And yes, subsidies distort the market. I'm pretty sure 99% of eco
by emtel 8y ago
There are numerous examples of subsidies in the real world that haven't led to price controls. And yes, subsidies distort the market. I'm pretty sure 99% of economists will agree that subsidies are less distortionary than price controls though.