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Jul 2, 2013

Should the Government Subsidize…Silly Walks?

Since Prof. Art Carden cannot find anyone to pay him voluntarily for producing silly walks, perhaps he should apply for a government subsidy? While silly walks may benefit society, the fact that people will not pay for their development voluntarily indicates that people do not value silly walks as much as other things they might pay Prof. Carden to do. Are some subsidies valid, though? What about for food? Or for education? How about subsidies for clean energy? Is government assistance definitely better for society?