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How do subsidies raise costs?

Posted November 22nd, 2008 by think4yourself

Question: Why is it that when the government subsidizes something (i.e. college, corn) the price goes up?

(Peter Schiff mentioned this during his recent interview with Lew Rockwell.)
http://www.lewrockwell.co...

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Thank

On November 22nd, 2008 brainon4u2 says:

you!

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