I love that when Cap & Trade was introduced in the 1990s, Democrats and environmentalists derided it as putting a price on the environment and capitulating to business. Republicans pushed it as a market-based solution to a social problem.
Now, Democrats and environmentalists embrace C&T as the greenest thing around (well, other than...
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Pollution
Cap and Trade irony
Rethinking markets – market metaphors
I think it’s time to regroup, and actually do some of the ‘re’ thinking of markets I’m always planning to get around to. I want to do so in the context of three recent observations:
The Examples
The first observation comes from Fabio Rojas, over at the orgtheory blog – though it is slowly becoming the...
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