👁 Will the Great (Economic) Awakening lead to a Great Re-Acceleration?
Fifty years ago, inflation, energy shocks, and overregulation helped end America's postwar Golden Age. Now our response to those factors may help start a new one.
Back in 2012, a year after the Fukushima nuclear disaster, a poll found that 80 percent of Japanese favored phasing out the country's reliance on nuclear power and eventually eliminating it. And over the years, energy policy followed overwhelming public opinion with the country taking most of its reactors offline.
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