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To: businessprofessor
confiscatory charge for production that has little relationship to value provided

What a novel concept. I found when living in Alaska the common belief was the golden goose should be squeezed as hard a possible without strangling it.

The trick is finding that line without crossing it. I believe the goose has already turned quite blue.

12 posted on 11/21/2011 9:00:44 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

I have never lived in Alaska but your sentiment seems reasonable. The problem with this golden goose mentality is that the state will strangle the goose before it can be resucitated.

Many conservatives are inconsistent about property rights when the state controls the resource. Many Alaskans who would otherwise support limited government in other areas advocate state control of mineral rights. A government monopoly is worse that a private sector monopoly because competition will often break private sector monopolies at least in the long run. Alaska (and other states) are effectively imposing higher energy prices on other states through this government ownership scheme.


19 posted on 11/21/2011 9:58:18 AM PST by businessprofessor
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