#Economics #2ndOilCrisis

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"Fuel efficiency, lowered speed limits, and national oil reserves are the examples of lessons."

Apart from the (now far too small-- economies have grown greatly since the end of the 1970s) #NationalOilReserves, the lessons have chiefly been unlearnt, as the #SUV exaplecwas supposed to exemplify (pars pro to.)

Some economists compare the (potential) growth since the end of democratization of...

@economics_that_works