Paul Krugman: An Affordable Truth

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At www.nytimes.com

conservatives who predict economic doom if we try to fight climate change are betraying their own principles. They claim to believe that capitalism is infinitely adaptable, that the magic of the marketplace can deal with any problem. But for some reason they insist that cap and trade — a system specifically designed to bring the power of market incentives to bear on environmental problems — can't work.

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At www.nytimes.com


 

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We should tryfree market capitalism some time, it ... by PrMaine on Monday, Dec 7, 2009 at 3:40:37 PM