The need for subsidies is an admission that free market forces cannot operate unchecked. I ask @profstevekeen how you can ensure subsidies are applied effectively and fairly.
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI