Re: Re: Re: energy crises

[Eugene Coyle]

What's the difference between Nordhaus' theory and Freshman NC econ --
"the market will solve the problem"?

Gene Coyle

Michael Perelman wrote:

> Nordhaus assumed that there would always be an available "backstop"
> technology.  I think that he had nukes in mind at the time.
>
> --
>
> Michael Perelman
> Economics Department
> California State University
> [EMAIL PROTECTED]
> Chico, CA 95929
> 530-898-5321
> fax 530-898-5901