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Alan was always interested in politics in a major way. He actually believes that anarchy is a politically viable system, but I don't. I was always interested in putting forward the ideas that represented my viewpoint. I feel the same about anything I'm doing. ↗
To some, a cap-and-trade system might sound like a neat approach where the market sorts everything out. But in fact, in some ways it is worse than a tax. With a tax, the costs are obvious. With a cap-and-trade system, the costs are hidden and shifted around. For that reason, many politicians tend to like it. But that is dangerous. ↗
