Free Markets Would Be OPEC's Undoing

Free Markets Would Be OPEC’s Undoing

Tags: Production Theory, Free Markets, Global Economy, Money and Banks

09/18/2001 George Reisman

Had the United States pursued a policy of economic freedom with respect to energy production over the last thirty years, the conditions for OPEC’s success as a cartel would never have been present in the first place.

Original article (September 18, 2001): https://mises.org/mises-daily/free-markets-would-be-opecs-undoing

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