government subsidies = bad idea

I just linked to an article talking about why ethanol living up to its hype. Now, here’s an article about the problems with government subsidies of alternative fuels. Part of me finds it hilarious that paper companies are getting millions (maybe a billion) in government money just for doing what they have always done. But the other part of me (the part that just paid taxes) is outraged. That’s my money they’re taking!

From a philosophical point of view, I think I would prefer that the government get out of the subsidy business alltogether. And from the looks of this article, I think I prefer it from a practical point of view, too.

Written by in: Shameless Academic |
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