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Tag Archives: oil spill

A Good, Brief Refutation of Libertarianism…

16-Jun-10

aback Edward Glaeser, via Andrew Sullivan: Consider the purely hypothetical case of a massive oil spill in the Gulf of Mexico. The traditional libertarian would argue that regulation is unnecessary because the tort system will hold the driller liable for any damage. But what if the leak is so vast that the driller doesn’t have the […]