Difference between revisions of "Cap And Trade"
From Critiques Of Libertarianism
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[[Category:Ideas Libertarians Do Not Own]] | [[Category:Ideas Libertarians Do Not Own]] | ||
[[Category:Privatization]] | [[Category:Privatization]] | ||
| − | {{DES | des = A very successful "deregulation" strategy that replaces government regulation and Pigouvian taxes on harmful externalities with government-limited, salable rights to externalities. This brings market efficiency to regulation; thus businesses hate cap and trade. | show=}} | + | {{DES | des = A very successful "deregulation" strategy that replaces government regulation and Pigouvian taxes on harmful externalities with government-limited, salable rights to externalities. In other words, government power can create markets and use market mechanisms. This brings market efficiency to regulation; thus businesses hate cap and trade. | show=}} |
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