Wednesday, July 1, 2015

Invisible Hand is Kept off Carbon

""Its a mystery," said Gilbert Metcalf, an economist at Tufts University specializing in energy and the environment, "why the Republican Party drives environmental policy away from using Adam Smith's invisible hand."  Ronald Reagan swept into office on the economic wave of Milton Friedman's Free to Chose ideology.  Market driven cap and trade solutions were adopted by George H W Bush and Bill Clinton as well and successfully accomplished their intent economically.  I guess the Stupid Old Party moved on to oppose Friedman's ideas because the other side adopted them.

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