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You’re not wrong but that’s exactly my problem: this isn’t something for the Feds to subsidize. They need to get out of the business of subsidizing industry.
by SllX 5y ago
You’re not wrong but that’s exactly my problem: this isn’t something for the Feds to subsidize. They need to get out of the business of subsidizing industry.
- ouid 5y agoAnything that is capable of negotiating on behalf of society in the case of a transaction that produces externalities is going to be indistinguishable from a government. If you're arguing that no one should advocate for society's interests in these transactions, then you should make that position explicit.