Libertarian Papers
Author:
Graham Dawson
Online Publish Date:
government regulation of market processes, for several reasons. First, such a policy is based on the assumption of orthodox or neoclassical economics that AGW is a is taken up in Section 5, which expounds the Austrian alternative to existing policies. The Austrian way of thinking about the issue interprets climate change as a production process. The information costs of a carbon tax designed to encourage innovation and the uptake of new energy technologies are relatively low. Policy