A Permanent Subsidy? Nuclear Power’s Price-Anderson Act (5 Extensions, 89 years)

“The infant industry argument is a smoke screen,” wrote Milton and Rose Friedman in their 1979 classic, Free to Choose. “The so-called infants never grow up.” And several years later, the two wrote: “Nothing is so permanent as a temporary government program.” [1] Previous posts have documented the “permanent subsidies” of industrial wind power (14 … Continue reading A Permanent Subsidy? Nuclear Power’s Price-Anderson Act (5 Extensions, 89 years)