Browsing All Posts published on »March 30th, 2009«

Carbon capitalism

March 30, 2009

4

American-style capitalism, sans regulation, has earned its present bad rap. Even so, some market mechanisms do work quite well. Commodities pricing is discovered and costs kept low because markets are very efficient at making sure that metals, oil, food, etc. are moved to where the demand is the highest from where the supply is greatest. […]