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1 point for recognizing concept and (implied) values of externality in economic doctrine.

1 point for adding that barrier to ideation of GAAP doctrine (double-entry real number Q).

0 points for displacing the goal of the state: eliminating fossil fuel production by private firms.

Let's note the unstated assumption: Public interest is identical to private interest. This assumption is deeply, ironically ingrained in utilitarian ("neoliberal") economic rationales for legislative acts. This assumption is not true --especially in the USA-- wherever litigation of commercial business occur. Hence gmoke's disappointment with HLS "expert" testimony and spatic revivals of undead market failure literature examining quantitative, not qualitative, factors of "unmet demand."

Diversity is the key to economic and political evolution.

by Cat on Sat Jul 6th, 2019 at 01:44:21 PM EST
[ Parent ]
"Public interest is identical to private interest."
A modern competition [sic] policy. The economy ministers of Poland, France and Germany, met in Poznan on Thursday to discuss EU competition rules. Following the Alstom-Siemens failed merger, the three countries said the EU should be more flexible when it comes to mergers in the EU in order to compete with China [for WHAT? WHY?].

In a joint paper, the countries said the EU Commission [!] should take into account [!] competition at global level but also ensure that the "political demands from the Council [!] are heard". (EURACTIV.fr

Unpack payment (type ±) between the state and firms from process (firm competition) for (WHAT?). Then determine WHO? owns WHAT? --exclusivity of property "rights".

Diversity is the key to economic and political evolution.
by Cat on Sat Jul 6th, 2019 at 05:02:09 PM EST
[ Parent ]
to fossil fuel producers

Diversity is the key to economic and political evolution.
by Cat on Sat Jul 6th, 2019 at 05:05:07 PM EST
[ Parent ]

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