Mercal operates on largely commercial lines, but some of its prices are subsidised, at a cost of $25m a month to the government.
BOVINE metaphors are risky in Switzerland: the country's cows, subsidised at around $1,000 per hoof, are more picturesque than productive.
"A postgraduate loan scheme is an obvious answer, but if it was subsidised at the level of the present undergraduate loan, it would be expensive".
Meanwhile, CEOs and those in the FIRE sectors have seen their incomes grow by multiples, often subsidised at taxpayer expense, even as their reckless actions have left economic chaos in their wake.
Harry Nobles, a hospitality consultant who formerly ran the American Automobile Association's US ratings system, said it was enormously costly for companies to keep up top rankings: "A lot of people don't realise this but many five-star hotels are subsidised, at least for part of the year, to keep up the services and amenities required".
He thought this was one of those things that would work better with a market solution: we should subsidise at most $8 of the cost of each $10 bed net, but let the rest of the distribution work itself out via market mechanisms.Again, it's not surprising that the public doesn't want to spend more on foreign aid for anti-malarial bed nets, when people keep telling them such aid doesn't work.
Key questions concerned with explaining levels and determinants of acceptance will proceed with an initial bivariate analysis and logistic regression models for various levels of cost: fully subsidised (no charge); subsidised at 50% of cost (intranasal vaccine: INR 75, injectable vaccine: INR 250); market rate (INR 150, INR 500) and black market rate (INR 300, INR 1000).
However, HaH programmes can induce extra costs for a family that cares for a patient.[ 24] Cuban health authorities are aware of this pitfall and try to avoid it: Except for drugs (free in the hospital, heavily subsidised at the first line) the direct costs do not differ between hospital and home hospitalisation.
Patients have to pay for some services, but again, much of this is subsidised at least in part by the government.
And while there is nothing wrong with high corporate prices at the top end supposedly subsidising those at the bottom, the reality is that in most cases the former has happened but the latter has resolutely not.
