Evidence of Controlled Markets

08/20/2003 Mises Wire Roy Cordato

Probably the most outward sign that electricity “markets” are totally perverse and clearly not a free market is that the industry devotes large sums of advertising dollars trying to convince people to purchase less of their product.

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Roy Cordato

Roy Cordato is Senior Economist and Resident Scholar at the John Locke Foundation.

An Austrian Theory of Environmental Economics

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Introduction Orthodox public goods theory and its corollary — the standard economic justification for government intervention — have both been based on particular definitions of efficiency and...

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