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Advocates of climate economics also argue that policy instruments such as tradeable permits or carbon taxes are necessary to unleash the power of incentives and market exchange to promote emissions reductions efficiently, as if transitioning from an unsustainable pathway at least cost is more important than transitioning well before passing non-linear thresholds that carry potentially cataclysmic consequences.
Ways Not to Think About Climate Change
Kysar, Doug
While economics sees itself as a ‘taxis’, a ‘deliberate arrangement’, catallaxy is presented as a ‘cosmos’, a world. While the first is a ‘teleocracy’, a unit oriented by a hierarchy of ends set by a central agent, the second is a ‘nomocracy’,12 an order where everyone pursues his own ends, following the rules of a universal game.
The Ungovernable Society
Grégoire Chamayou
In creating a notion of dominium, then, and thus creating the modern principle of absolute private property, what Roman jurists were doing first of all was taking a principle of domestic authority, of absolute power over people, defining some of those people (slaves) as things, and then extending the logic that originally applied to slaves to geese, chariots, barns, jewelry boxes, and so forth—that is, to every other sort of thing that the law had anything to do with.
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