Subsidies impacting the free market

[Steve Jackson]

A free economic market is characterized by the voluntary exchange of money for goods without government interference or with only minimal constraint. By definition, subsidies of any kind, introduced by any form of government, negatively affect the free market. Subsidies are the government’s way of picking winners and losers theoretically because the government believes it knows what is best for the people.

All too often, however, it also is a way for politicians to ingratiate themselves with certain segments of a voting block or business base for financial gain or political power. The result of this injection of influence results in an inefficient and corrupt market.

[Author]

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