[Member Post]

 

There’s a special word — such an important word — right in the final paragraph of the new NBER working paper “The Private and External Costs of Germany’s Nuclear Phase-Out” by Stephen Jarvis, Olivier Deschenes, and Akshaya Jha: “Trade-off.” Yup, trade-offs exist. And their reality is something that policy activists tend to ignore, but policymakers […]

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