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Very interesting spin on Musk. I don't view the space venture as rent seeking. Someone has to supply the government... Now if he pays lobbyists (does he?) th
by mathattack 13y ago
Very interesting spin on Musk. I don't view the space venture as rent seeking. Someone has to supply the government... Now if he pays lobbyists (does he?) then it's rent seeking.
The auto industry is much murkier, because Detroit gets a lot of subsidies too, so you have to subsidize the competition.
- sjg007 13y agoAll auto manufacturers are subsidized, especially the Japanese.
- mathattack 13y agoI used to say the Japanese were more subsidized than the US, but after the GM bailout I'm not sure you can say that anymore.