« Government is the problem not the solution | Main | Open question: does advertising regulation prevent free speech? »

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451620669e200e54fd29be18834

Listed below are links to weblogs that reference Collusion and OPEC:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Gabriel M.

>> "The arguments in favour of free markets is NOT based on an assumption of perfect competition."

Well, *some* are. :-)

But more to the point... given the OPEC history, wouldn't it have been better if these events never had occured? Real output was lost, welfare suffered.

A non-persistent mess is still a mess.

aje

sure but we live in the real world and need to compare likely alternatives... in other words lets compare learning mechanisms rather than idealised responses.

Edward

Am ok

Bernhard J Hamaker

The problem Gabriel refers to is very relevant. Real output was lost and, perhaps more important, energy research became more expensive. At a time when alternative enrgy research may have held even higher interest than it does now the cartel was strangling research from every direction.

It erally is a shame that we don't have better solar and wind power. I'm not objected to oil--I think it's a wonderful limited resource--but I have to say there's nothing like the freedom of no refueling, no power bill, no price fluctuations. I think we need to use the remaining oil in pusuit of the next source.

Poker Gratis

Boa noite espectacular página , adorei bastante, secalhar poderiamos tornar-nos blog palls :) lol!
Tirando as piadas o meu nome é Ricardo, e assim como tu publico blogues se bem que o tema do meu blog é muito distinto deste....
Eu faço páginas de poker que falam de bónus sem depósito sem arriscares do teu bolso......
Gostei imenso aquilo vi escrito!

Cheap Jordan 1

Thanks for sharing. This website is to I too have to help. Very good.

The comments to this entry are closed.

The Filter^ PROJECTS










Analytics