Should we intervene? This is the fundamental public policy question. It spawns a set of follow-on questions. Why should we intervene? How should we intervene? For how long would we intervene? How much will it cost the taxpayer to intervene?
There is in fact no other question governments and agencies get asked as much. Think about the recent stories about cystic fibrosis drugs, or scoliosis wards, or social housing initiatives, or sports capital grants. Right...
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