("Ah, so they've invaded Afghanistan because of the Transafghan pipeline, that sounds just like those Big Oil Bush administration people, and Cheney was even CEO of Halliburton!") Peak oil is not an energy crisis. It is a liquid fuel crisis.
In the case of me and Galbraith, the notion that there is a strong difference between the regulated private company and the public service got a rather heavy dose of salt.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
Of course, there is still a difference, in that the private sector is steeped in a number of cultural myths that are less strongly present in the public sector.
And, of course, there is still outrage when a public official pays himself a million € a year. Which tends to weed out one particular type of narcissistic sociopath.
