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U.S. Energy Policy and the Presumption of Market Failure

U.S. Energy Policy and the Presumption of Market Failure

Full Title:  U.S. Energy Policy and the Presumption of Market Failure
Author(s):  Peter Z. Grossman
Publisher(s):  The Cato Institute
Publication Date: January 1, 2009
Full Text: Download Resource
Description (excerpt):

This paper discusses the basic idea of market failure and how that affects US Energy policy. It also suggests that governmental solutions would have been unlikely to succeed even if market failure had been correctly identified.

 

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