> Local governments do subsidize movie production with all sorts of funding and grants. In yet another example of why government intervention in markets is mos

> Local governments do subsidize movie production with all sorts of funding and grants. In yet another example of why government intervention in markets is mostly to make them worse: the politicians in charge can’t help but build and spend the citizens’ money on flashy vanity projects. Public expenses, private profits. They’ll talk it up like it’s some big “civic” investment in Prestige with all sorts of abstract benefits, rather than just being a handout to the rich — and if you challenge them, well, they will correctly tell you that everybody does it!!!