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In his opening speech, Commissioner Piebald, through a speech reader, said that: "annual electricity growth will be 2.30% according to IEA, while power plants must be replaced to answer demands and respect new standards. But since we rely on markets, we can only steer companies to make the right choices". Later on, he argued that for this steering, "nor public opinion nor market forces will be enough." This offering of stewardship from the Commission and the incident position it sees itself in --- a more dirigiste one --- is a bold statement. It was, however, not reiterated afterwards by other members of the Commission. Overall, this was the most interesting comment, since it anchored the discussion in a policy space; one can only regret this was not followed by most panelists.
Ok, in case I don't follow up on that, here is the gist of my question. I work in a renewable energy investment fund. In what sense can I be said to work for the private sector, considering that:
SO, is this just keynesianism in the new millenium? Or was the classical distinction between the private sector and government a myth to begin with?
I surely recall my teacher's insistence on the microfoundations of economic theory, yet not once was it brough up that homo economicus fills the ranks of public servants too. Rien n'est gratuit en ce bas monde. Tout s'expie, le bien comme le mal, se paie tot ou tard. Le bien c'est beaucoup plus cher, forcement. Celine
was the classical distinction between the private sector and government a myth to begin with?
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