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The True Cost of Government Subsidies

June 10, 2012 1 minute Read by Matthew Denhart

Subsidized housing is a mixed blessing. On the one hand, people like a cheaper house. On the other hand, they tend to balk at the concessions they must make to get the housing. In this page from the forthcoming graphic version of Amity Shlaes's “The Forgotten Man” (HarperCollins), a government official lays out the conditions for free farm houses at a project in Casa Grande, Arizona. The story underlying comes out of Edward Banfield's classic study of the Casa Grande Cooperative, "Government Project." In that book Banfield gets at the themes that concern this page: When authorities smother enterprise, they often smother growth as well. The artist on the project is Paul Rivoche.


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Matthew Denhart
Matthew Denhart

Matthew Denhart is an expert on immigration policy and is the author of the Bush Institute’s America's Advantage: A Handbook of Vital Immigration and Economic Growth Statistics, now in its third edition. He currently serves as executive director of the Calvin Coolidge Presidential Foundation and is a founder of the Coolidge Scholars Program which provides full-ride merit scholarships to America's most promising college students. A summa cum laude graduate of Ohio University, Denhart has written and spoken widely on a variety of policy topics including the economics of higher education, labor, and taxes. He has contributed articles to numerous national publications including The Wall Street Journal, Forbes.com, CNN Opinion, and Bloomberg View. 

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