Corporate economic entrenchment breeds corruption, whether the government is involved or not. Subsidies aimed at reinforcing the status quo will speed up that process, but subsidies aimed at changing corporate behavior (like Biden’s climate-related subsides which the article is criticizing) can potentially slow it down.
(like Biden’s climate-related subsides which the article is criticizing)
I wonder why?
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch,[5] chairman of the board and chief executive officer of Koch Industries.
Corporate economic entrenchment breeds corruption, whether the government is involved or not. Subsidies aimed at reinforcing the status quo will speed up that process, but subsidies aimed at changing corporate behavior (like Biden’s climate-related subsides which the article is criticizing) can potentially slow it down.
I wonder why?
https://en.wikipedia.org/wiki/Cato_Institute
Oh, that.