Efficiency, conservation, and the inescapable Jevons Paradox

Michael Giberson Given the preponderance of government energy policies aimed at promoting technical efficiency, a careful consideration of the Jevons Paradox is in order.¬†I’ve spent some time this summer reading about¬†William Stanley Jevons, one of the three 19th-century economists co-credited with sparking the marginal revolution, and especially Jevon’s book The Coal Question. Most recently I’ve … More Efficiency, conservation, and the inescapable Jevons Paradox