Many in the car industry are suffering because of the current global recession. Understandably, politicians are reluctant to let manufacturers go under. For example, some of the French manufacturers are turning to the state for aid (in French):
http://www.lefigaro.fr/…la-filiere-automobile-francaise-.php
Unsurprisingly, one of the conditions of the French bailout is the car makers should not relocate any jobs to factories outside France.
Has anyone done a calculation of the total loss of efficiency of the global economy that is caused by decisions about how companies are run being made for political rather than financial reasons? Am I wrong to assume that it would be a loss in efficiency? Do such measures really increase efficiency?
Reversing Entropy 