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The only way you can prevent energy prices from rising is by making energy a non-scarce resource

I see you believe that supply and demand make the world go 'round. Viva free market economics! Are you denying that governments can have an impact on market prices of goods and services?

I did not say that it was dumb policy, only that it was dumb policy if the objective is to industrialise North Africa.

Are you suggesting that International Development Banks have had no impact on the economies of underdeveloped countries? EBRD, ADB, IFC, WB, etc. - not to mention all the bilateral funds that exist. They have, regardless of the fact that they're also used as political leverage by the West.

we would probably be having another major European shooting war right about now

Talk about a strawman... here it is.

by vladimir on Thu Sep 2nd, 2010 at 02:32:39 AM EST
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