Article
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Authored by Daniel Lacalle,
Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The result is higher costs, distorted incentives, and weakened productivity growth, with increased dependency on fossil fuels to attend to peak demand, exactly what Austrian economists predicted.
What has been sold as a recipe for...
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