Competition has worked quite well to ensure reliability and affordable prices in Texas. Making capacity payments to generators is not necessary and would introduce complex and uncompetitive elements that would adversely impact Texas’ competitive market.
Higher Education Subsidization: Why and How Should We Subsidize Higher Education?
We provide massive college subsidies at both the federal and state level. This paper explores the justifications for these college subsidies, subsidy design considerations, and evaluates the main subsidy programs to assess whether they are well-designed. Our evaluation discovers reasons to eliminate some subsidies and ways to improve other subsidies. Key points: Subsidies for higher...