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Free-Market Energy

Author

Listed:
  • Alexander M. Schaefer
  • Walter E. Block

Abstract

There should be no governmental energy policy, nor any department of energy, for that matter. All decisions concerning fuel, up to and including nuclear power, should be based on private property rights and the tenets of laissez faire capitalism. This would assure the proper assumption of risk and ideal resource allocation.

Suggested Citation

  • Alexander M. Schaefer & Walter E. Block, 2012. "Free-Market Energy," Energy & Environment, , vol. 23(4), pages 647-655, June.
  • Handle: RePEc:sae:engenv:v:23:y:2012:i:4:p:647-655
    DOI: 10.1260/0958-305X.23.4.647
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    References listed on IDEAS

    as
    1. Murray Rothbard, 1982. "Law, Property Rights, and Air Pollution," Cato Journal, Cato Journal, Cato Institute, vol. 2(1), pages 55-99, Spring.
    2. Higgs, Robert, 1994. "Banning a Risky Product Cannot Improve Any Consumer's Welfare (Properly Understood), With Applications to FDA Testing Requirements," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 7(2), pages 3-20.
    Full references (including those not matched with items on IDEAS)

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