That way you know right off the bat exactly what you'll be paying, without having to cough up more to subsidise one of the manager's overheads.
But money managers are beginning to look askance at emerging-market guzzlers who have subsidised energy use and may no longer be able to afford it.Paradoxically, globalisation may also dim the appeal of emerging markets by increasing the correlation between developed and developing assets.
But if Mr Smith has his way, the era when rich companies and poor taxpayers subsidise opera for the élite will not last.Mark Fisher, Mr Smith's junior minister, met the ROH's managers on June 25th.
Having subsidised and lionised Malaysia's captains of industry, he has lately started to promote small firms and professional managers as the main engine of economic growth.
Internal morale needs lifting, too: like the wealth managers at banks such as UBS and Merrill Lynch, AIG's actuaries are seething that their relatively healthy business is subsidising huge losses in the smaller financial-products group.
We're subsidising Hollywood.
"We were subsidising corruption," he says.
To insulate themselves against Democratic attacks, Republicans now want to subsidise the cost of prescription drugs, disavow plans to privatise Social Security and it seems lock up half of America's top managers for fraud.
"We were subsidising corruption," says Mr Adesina.
Subsidising microgeneration at home costs even more.
