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Cafe Hayek

where orders emerge

Julian Simon Would Not Be Surprised

by Don Boudreaux on February 16, 2010

in Complexity and Emergence, Energy, The Future, The Profit Motive

“Exxon, who has been accused in the past of being too conservative in terms of exploration and development, has been finding more oil than it produces for each of the last 16 years, to the dismay of peak oil proponents.”

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