Anti-market sentence of the day
Posted by Rich Sweeney on November 24, 2007
“What’s next, the L.A. police department trying to buy civil rights credits from Wisconsin?”
From May of 1992, that’s Christopher Blythe of the Wisconsin Citizens Utility Board at the advent of the SO2 cap-and-trade program. Of course the program went on to exceed even environmental economists’ expectations, paving the way for the current wave of CO2 cap-and-trade programs. Here’s the link from Time. The opening paragraph reminded me why I don’t read Time.