Re: Energy and "the Clash of Civilizations" -- a policy thought problem

Date: Sat Sep 29 2001 - 13:52:24 MDT

In a message dated 9/29/2001 9:13:11 AM Eastern Daylight Time, writes:

<< O.K. I'm not an anarchocapitalist or a libertarian.
 Simple answer: a 50% (or 20%, or 80%...) import duty on oil and petroleum
 products. The market will fill in the details.
 steve >>
Would cause a deep recession-depression and a very slow recovery. The
'invisible hand' would end up being and invisible claw that might kill
democracy. The market would surely not function at its best.

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