Last week another publicly subsidized “green business” company filed for bankruptcy in Portland Buy avodart without prescription, . Find discount avodart online, ReVolt Technology had received $6.8 million in state and local subsidies, plus another $5 million from the Obama administration, purchase avodart online, Approved avodart pharmacy, for its electric car battery technology, but could not get the product to market, avodart discount. Cheap avodart no prescription,
One would hope that the repeated failures of subsidized companies would induce a modicum of humility among the political class, but this does not appear to be happening, buy avodart. Price of avodart, The director of the Portland Development Commission, which approved a $1.3 million loan to ReVolt, buy avodart cheap, Cheap avodart in canada, told The Oregonian, “It’s obviously disappointing, avodart from canada, Avodart buy, but we certainly know we’re going to have a few of these.”
Taxpayers should be outraged by this attitude. The Oregon Constitution prohibits public investment in private companies, avodart from india, Canadian pharmacy avodart, so none of the companies being propped up with taxpayer money should have ever received a penny in the first place. Yet, the Portland Development Commission is fully expecting to have more public money lost in private sector bankruptcies, buy avodart without prescription.
There is an important role for government to play in technological innovation, order discount avodart online, Find cheap avodart online, but it’s not to serve as a venture capital fund. In the daily competition among market participants, cheap avodart without prescription, Avodart in australia, government should simply call the balls and strikes and enforce the rules of the game. Players should come from the private sector; and the best products should be determined by consumers in the market process, buy avodart on internet, Avodart without prescription, not by government cronyism.
John A, generic avodart. Charles, Jr. is President and CEO of Cascade Policy Institute, Oregon’s free market public policy research organization..
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