The Loser's Paradox

Economists who study government (public choice theorists) have since the 1970s been interested in the "Loser's Paradox." Can it help explain the content of our copyright and telecommunications laws?

Economists have noted that a surprising amount of government support goes to ailing sectors instead of expanding sectors. Classically, agriculture, textiles, clothing, footwear, steel and shipbuilding are the examples of industries on perpetual life support. Each has been in decline for decades, yet get more help from Government than any other. Conversely, expanding industries, like the high-tech industry, rarely if ever receive government assistance. In short, economists conclude, Government picks losers.

Posted by dustin on August 18, 2004 with category tags of politics business

Vorg — Tag Cloud

Written by dustin

skyfox.me Who is Dustin "Quasar" Sacks? I am a multi-media artist and producer. I work with video, gaming, photography, music, festival culture and personal development. View my personal website skyfox.me for more details. dustin's RSS feed

Latest Photo

[Dustin on instagram]

Quote of Now:

Can you get cornered in a round room?[quote database]

Friends

Amir Niroumand Best Dad Ever Blue Apples Blue Lotus Creative BoingBoing Carolyn Coles Coherent Earth Dave Olson DinoCats Dream Director Dustin Sacks Edcon Educational videos on YouTube Erin Levine Father's Day Gifts Find Your True Nature Graydin Healing from Inside Hot Grog Integrate Therapy Intent Health Joffrey Kate Pocock Kindara Fertility Koobee Kids - fun learning videos Lady Zenaida Lantern Park Lindsey Rogerson Patrick Adams Paw Pros PEMF Solutions Said the Gramophone Shala Yoga Sillysoft Games The Travel Files

Popular Posts

Create a Custom Avatar Drupal forums EA Games Interview Explosion Animations Healthcare - USA vs Canada Hedonics - happiness economics How-To Make your own devil sticks Koodo Mobile Littlest Hobo MySQL limit in MS-SQL Selling on Amazon.com Vancouver Bloggers

Computer Games

Lux Alliance Diplomacy Game Lux Risk Game Meowzers Action Cats Mission Me app Turtoa Global Rhythm