The Free To Be Free Podcast

007 - Subsidization Nation

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Key Points

 

Subsidies

  • Are a redistribution of wealth and a violation of property rights.
  • Allow the Federal Government to pick winners and losers.
  • Add to the Federal Debt.
  • Create distortions in free markets.
  • Create a moral hazard.
  • Create crony capitalism.
  • Create regulatory capture.
  • Are unconsitiutional.

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    Resources:

     

     

    The Pig Book

    Uncle Sam's Favorite Corporations

    The Convention of States Project

     

    Special thanks to Kerosec Productions for producing/composing/mixing/performing the theme song. 

     

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    The Free To Be Free PodcastBy Paul Phillips
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