Tag Archives: Nyan Gadsby-Dolly

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, …

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