Nigel said:

Interference Discount – More evidence

The Federal government’s relatively comfortable budget position has seen the re-emergence of a more active industry policy in Australia. The recent home insulation program is one example of how industry policy can be used to distort markets leading to a rush of resources to a niche sector. When the policy fails, the structural adjustment is painful and, in this case, results in another band-aid being applied. A similar scenario appears to be playing out in parts of the solar industry.

Thursday, February 25th, 2010

Yes or no?