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Nuclear Power

Author

Listed:
  • John Levendis
  • Walter Block
  • Joseph Morrel

Abstract

Nuclear power has never been free from the stifling involvement of government. Heavy regulation has reduced the ability of entrepreneurs to develop and provide new means for the generation of energy using nuclear fuel. The strict parameters dictated by government officials are based upon outdated technology, an improper regulatory philosophy, and preclude innovation in nuclear power generation. Anti-market environmentalists misunderstand the implications of a free market in nuclear power and argue against it based on problems that are actually caused by government involvement. Our position is neither for nor against nuclear power. We advocate a hands-off policy where the nuclear industry is left to its own devices, free from governmental regulations and subsidies: free to succeed or fail on its own. Thus, our position is neither right-wing conservative (removing regulations), nor left-wing liberal (removing subsidies). Very much to the contrary of both positions, we propose a free-market in nuclear power. Copyright Springer Science+Business Media, Inc. 2006

Suggested Citation

  • John Levendis & Walter Block & Joseph Morrel, 2006. "Nuclear Power," Journal of Business Ethics, Springer, vol. 67(1), pages 37-49, August.
    • Handle: RePEc:kap:jbuset:v:67:y:2006:i:1:p:37-49
    DOI: 10.1007/s10551-006-9003-y
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    References listed on IDEAS

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    1. Siegan, Bernard H, 1970. "Non-zoning in Houston," Journal of Law and Economics, University of Chicago Press, vol. 13(1), pages 71-147, April.
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    Cited by:

    1. Salla Laasonen & Martin Fougère & Arno Kourula, 2012. "Dominant Articulations in Academic Business and Society Discourse on NGO–Business Relations: A Critical Assessment," Journal of Business Ethics, Springer, vol. 109(4), pages 521-545, September.

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    More about this item

    Keywords

    nuclear; energy; Price Anderson; subsidies; government interference; NIMBY; N7; O13; P28; Q4;
    All these keywords.

    JEL classification:

    • N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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