We don’t need to go back to the failed Nixon-Ford-Carter energy and economic policies. We need to nurture an economy in which entrepreneurs are able to compete to create new technologies, jobs, and wealth, without political interference.That's how Andrew P. Morriss and I conclude our essay in the Boston Review's forum on full employment. We express our skepticism over the ability of special interest groups and government officials to revive the economy or deliver meaningful environmental benefits through expensive green-energy schemes. The essay can be found online here.
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An economist and lawyer, Roger Meiners defends the superiority of the common law--legal traditions developed through the courts--over federal regulation. In his view, the success of markets is intertwined with the common laws strong protection for property rights. Common law protects the environment by allowing individuals to take action...
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