Adam Smith Institute's proposals could mean curtains for UK theatre

guardian.co.uk: "Imagine a world in which there was no government subsidy for theatre-makers. It would be a place where art responded entirely to the demands of the market. Such a theatre would probably look much like the West End. Hang on a minute: it wouldn't, because from Les Miserables to The Caretaker, from Jerusalem to Enron, several West End shows emerged out of subsidised theatre."