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The 1970s saw unprecedented price and supply shocks in the US energy markets—due in part to the 1974 OPEC oil embargo and supply stringency in US crude oil and natural gas.
These shocks produced and immediate and strong regulatory reaction by US policy makers. More new regulations were instituted for energy markets in the 1970s than for any other product in the economy.
How effective was this upsurge in energy policy? MacAvoy, a former member of the Council of Economic Advisers, examines these regulations and policies: their goals, their implementation, their success, and their costs to the economy.
| Price | Condition | Delivery | Seller | Action |
| $99.99 | Digital |
| WonderClub |
Andrew Lemlyn
reviewed Energy policy on June 20, 2013
Energy policy
Food for thought
Renewal is needed in the US, and this book is an interesting read on the subject. The book traces previous reforms brought about by changing market, governance and social conditions - an interesting approach that is not intuitive. I would recommend this book to all our current politicians and those considering making a career out of politics.
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