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I have a BBA in Finance and studied economics under some pretty amazing professors. I was always an ardent supporter of capitalism, but over the years I have come to question its long-term sustainability, I believe that the flaw of capitalism is its foundation - profit. While this powerful incentive...
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For the sake of simplicity imagine the world contained only 2 fictional countries: The first country (C1) is very rich and powerful thanks to the efforts of previous generations, but it's current population loves to consume and consume and it's economy has 'evolved' away from boring repetitive...
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Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...