3 ms·
> If we redefine what 'subsidy' means then the range of appropriate actions changes and we have to talk about what the new actions are. It would be far easier t
by shkkmo 7y ago
> If we redefine what 'subsidy' means then the range of appropriate actions changes and we have to talk about what the new actions are. It would be far easier to use the right word, so word and action line up without the need for analogies.
I can't figure out what you are trying to say. Can you give a concrete example? What is the confusion that is added by the term 'implicit subsidies'?