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The fundamental point is that, in the presence of inelastic supply curves, demand-side subsidies face a headwind of adverse price effects, while direct public provision gets a tail wind of favorable price effects.
FORBES: Mike Konczal on Public Education and Public Options
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The presence of a hung parliament is in itself an indication that any future government will face problems in implementing decisions and policies.
BBC: Iraqi hopes and fears for government
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So some fear that the government knows more than it is letting on, particularly about the presence of avian flu in southern China, where health inspectors and the press both face constraints.
ECONOMIST: Avian flu in southern China