TITLE

Ode to Adam Smith

PUB. DATE
February 1985
SOURCE
Progressive;Feb85, Vol. 49 Issue 2, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Comments on court records showing that the major oil companies in the 1970s were in collusion to maintain unnaturally high prices. Conspiracy among giant oil refiners to concoct fuel shortages during the Organization of the Petroleum Exporting Countries (OPEC) embargo; Difference between market theory and actual practice.
ACCESSION #
10978775

 

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