Jobs, Energy, and Economics

When it comes to energy, people often forget what the purpose of jobs is.


In the debates over energy markets and climate change policy, people often cite dueling statistics over jobs. Two recent examples concern the different amounts of workers-per-electricity-output across various fuel types, and the impact of greenhouse gas emissions restrictions on American jobs. In both cases, the advocates of government intervention in the energy sector misunderstand the economic rationale of jobs.
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