What causes of corporate welfare in the defense industry?
In a previous post, I discussed how it is critical to separate the idea of corporate welfare from efficient organizational design. In this post, I […]
corporate welfare
Analyzing corporate welfare in defense
In a previous post, I argued that corporate welfare is a function of Government restrictions on supply, which raises barriers to entry and lowers the […]
How to think about corporate welfare
You can define corporate welfare in a number of way, but the most common revolves around Government subsidies — and other forms of unearned support […]