Negative Space: fake market
- California never had a free market power failure
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California’s experiment in free market power generation has become mythological in how it is remembered. The left is desperate to tar it as a free market failure. But California’s experiment wasn’t free market. It was a massive government-managed exchange practically designed to cause high prices.
- Prescriptive vs. performance mandates
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Do performance mandates matter? They’re arguably better than prescriptive mandates, but they still divert progress away from real progress and toward bureaucratic definitions.
