Comment Comment by sblawrie It's called subsidizing a positive externality, and it actually creates utility and eliminates deadweight loss. It's not "government welfare", it's the economically wise thing to do!http://www.economicshelp.org/micro-economic-essays/marketfai... parent sblawrie 11 years ago
http://www.economicshelp.org/micro-economic-essays/marketfai...