“Cap-and-Trade”

Sunday’s Los Angeles Times brought us as glorious an example of ivory-tower impracticality as ever put forth, this one by a pair of university professors who, if one may judge from their curricula vitae, are well steeped in academic theory but lacking sufficient practical experience to realize what they propose is manifestly absurd.

We talked about this here.

And oh gee, The Times is in trouble. What a pity.

[Via Michael G]

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