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json_metadata"{"app":"musing/1.1","appTags":["Gambling","Growh"],"appCategory":"Gambling","appTitle":"What is \"Subsidy\"Is it a good Economic Policy to drive Economic Growth?","appBody":"<p>&nbsp;Subsidy are monies paid by government to traders who deal with essential commodities in order to ensure that the price of such commodity does not go above a certain price.&nbsp;</p>\n<p>Sounds like a really good idea but it isn't the ideal way businesses should be run. Payment of subsidy by government means that the government is involved in whatever is being traded and has significant control on its price. &nbsp;That's dangerous as the government can effectively manipulate prices for its nefarious purposes. Also, the government should really focus on more pressing issues than petty trading.</p>\n<p>Instead of subsidies, sectors should be deregulated and the market should be allowed to set its price with trading. Government should only be present as an overseeing authority to prevent foul play and and monopoly while ensuring a level playing ground for all.</p>","appDepth":2,"appParentPermlink":"p3jh3tysq","appParentAuthor":"alaisguineasis","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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