Green Rush Reckoning

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It’s a story every Intro to Economics student has heard before. A market is profitable, so firms enter the market until it’s not profitable, then leave the market until it is and continue the cycle until it reaches equilibrium. It’s one of the first steps in free-market correction. While we often think of free-market dynamics as fairy tales of the right to justify looking the other way, that story is playing out up and down the West Coast right now.

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