https://fguide.org/?p=163 News, outrage, euphoria, etc from the Center for Popular Economics Wed, 24 Oct 2007 10:22:18 +0000 http://wordpress.org/?v=2.1 https://fguide.org/?p=163#comment-8344 Jonathan Teller-Elsberg Thu, 11 Oct 2007 12:59:40 +0000 https://fguide.org/?p=163#comment-8344 Nice to see Peter Dorman at EconoSpeak <a href="http://econospeak.blogspot.com/2007/10/obama-carbon-plan.html" rel="nofollow">on this topic</a> as well. He raises an issue that I've been failing to mention, that per-person distribution of the money from auctioning permits is good for another reason: "Economically, this is necessary to protect real incomes and avoid a dangerous contraction of consumer demand. (The higher energy prices we will be paying under any reasonable cap will be in the hundreds of billions of dollars.)" Nice to see Peter Dorman at EconoSpeak on this topic as well. He raises an issue that I’ve been failing to mention, that per-person distribution of the money from auctioning permits is good for another reason: “Economically, this is necessary to protect real incomes and avoid a dangerous contraction of consumer demand. (The higher energy prices we will be paying under any reasonable cap will be in the hundreds of billions of dollars.)”

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