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  • Re: Good information on Loan Subsidies?

    So, after looking into this, they are providing loan guarantees to "qualified" banks for providing these loans to fruit growers who have been impacted by the bad growing season. Additionally, it covers administrative costs for providing the loans. Obviously this provides a moral hazard and encourages mal-investment.
    Posted to Economics Questions (Forum) by Watchdog on Tue, Oct 2 2012
  • Good information on Loan Subsidies?

    In Michigan the just passed loan subsidies for fruit growers. http://michiganvotes.org/RollCall.aspx?ID=630725 I am wondering if anyone can direct me to some good writings on this particular kind of government interferance. Thanks in advance!
    Posted to Economics Questions (Forum) by Watchdog on Tue, Oct 2 2012
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