Yes, though like many other American reactions to the oil shock, this was pretty silly.
High petrol prices automatically discourage speeding. (Just as a carbon tax would.)
Of course, the US also had price controls on petrol. And the ensuing long queues and fights at the petrol station.
Their anarcho-capitalist utopian neighbour [1] to the north did not enact price controls for petrol, and subsequently did not see any queues or fights.
High petrol prices automatically discourage speeding. (Just as a carbon tax would.)
Of course, the US also had price controls on petrol. And the ensuing long queues and fights at the petrol station.
Their anarcho-capitalist utopian neighbour [1] to the north did not enact price controls for petrol, and subsequently did not see any queues or fights.
[1] Only half joking here: in many respects Canada is more what we'd call neoliberal today than the US. Compare also https://www.alt-m.org/2015/07/29/there-was-no-place-like-can...