Bottom Line
- Energy subsidies are wasteful at best and cronyist at worst
- Policymakers should be removing obstacles that keep creative entrepreneurs from developing cheaper alternatives, not giving specific products an unfair edge
- If tax credits are given to a specific technology, other products may fail because they did not receive enough capital
- Better to end the handouts and let these companies compete in the marketplace
Ealing comedies
- Ealing Studios is best known for the comedies made at its London facilities in the aftermath of World War II
- Many of these movies combined a cozy community spirit with bitingly anti-authoritarian satire
- They are films about people who trust their neighbors and family but are ready to revolt against any larger institution that starts encroaching on their lives
- Passport to Pimlico (1949), a London neighborhood discovers that it is technically an independent enclave and thus is free of rationing and other restrictions
- In Whisky Galore!, a Scottish village conceals a freighter's worth of whiskey from the Home Guard
- The Man in the White Suit (1951), corporate and union bureaucrats unite to suppress a useful invention because it threatens their bottom line
The Happy Family (1952)
- Based on a play by Michael Clayton Hutton, this comedy follows the story of a family whose home is demolished to build an entrance to the Festival of Britain.
- Stanley Holloway's character offers a toast to living quietly and being left alone, and not being led about like sheep
https://reason.com/2022/11/26/subsidies-wont-fix-the-energy-industry/
No comments:
Post a Comment