Ending the subsidies would save the government money ... Read next BI Tech Memo An icon in the shape of an angle pointing down.

These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper addresses the problems of defining and measuring government ...

GOVERNMENT subsidies have been a consistent feature of Japanese practice since the country emerged from the feudal system in the eighteen-sixties. Japan's industrial history is singularly unlike that ...