You don't help a depressed economy by giving control of its resources to politicians.
Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy.
I reject the peak oil theory insofar as it refers to technological limits on human ingenuity.
Those who controlled private capital largely walked away from the US economy for the entire 1930s, refusing to pump in enough new investment even to replace the machinery and goods-in-process that were consumed during the decade.
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