Home / View Point (page 5)

View Point

Trinidad and Tobago social, political and news opinion pieces

Bad calypsonomics to blame for tents going bust; Baldeosingh considers impact of State interference

“In a market economy, prices indicate demand which, in turn, affects supply—falling prices indicate lower demand, higher prices reveal shortages and, generally, supply adjusts to meet demand. “[…] The trouble was that State subsidies distorted the market for calypso. So government funding, especially over the past 25 years, concealed preferences—or, …

Read More »