Subsidy Quotes

Quotes tagged as "subsidy" Showing 1-4 of 4
“the German and Japanese governments heavily subsidized their chemical industries for war purposes. Government subsidies, direct or indirect, spurred German developments in synthetic rubber and plastics, synthetic fuels, light metals, and various other substitutes for natural materials.
However, the world's chemical industries would have grown rapidly without artificial encouragement.”
George W. Stocking, Cartels in Action: Case Studies in International Business Diplomacy

Thomas Sowell
“The prevention of competition is essential to exploitation.”
Thomas Sowell, Basic Economics: A Citizen's Guide to the Economy

Thomas Sowell
“People who want special taxes or subsidies for particular things seem not to understand that what they are really asking for is for prices to misstate the relative scarcities of things and the relative values that the users of these things put on them. . . Making anything artificially cheap usually means that it will be wasted.”
Thomas Sowell, Basic Economics: A Citizen's Guide to the Economy

“Farmers must be supported with subsidy to boost production of food.”
Lailah Gifty Akita

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