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Robert Vitalis, "Oilcraft: The Myths of Scarcity and Security That Haunt U.S. Energy Policy" (Stanford UP, 2020)

New Books in Economics

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Unpacking U.S. Energy Policy Myths

This chapter examines the historical roots of U.S. energy policy critiques from the 1920s, particularly focusing on the Columbia School's progressive scholars. It highlights the significant yet often ignored lessons from the past regarding oil dependence, the illusions of self-sufficiency, and the complexities of global energy dynamics. The discussion also questions the influence of prominent academic figures on policy and challenges prevailing narratives tied to U.S. interventions in oil-rich nations.

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