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> it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to sup
by grecy 3y ago
> it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to support with subsidies.
Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? i.e. EVs not ICE.
> Either one of these positions need supporting evidence.
Interesting that mine do, and yours don't.
- sangnoir 3y ago> Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? It's both. If you want customers to buy certain products in large volumes, there has to be capacity to manufacture said products in large volumes. > Interesting that mine do, and yours don't. Me asking you for evidence does not preclude you from asking the same of me. If you want evidence that government subsidies and incentives do work, I can readily provide that[1] - it seems pretty self-evident to me considering history, and international trade complaints about subsidies. 1. https://www.mdpi.com/2071-1050/15/1/534 https://www.mdpi.com/2071-1050/15/1/534, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/, cash for clunkers, etc