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Uploaded on Feb 29, 2008
Lester Lave, University Professor of Economics at the Tepper School of Business at Carnegie Mellon, says U.S. policy should aim to stop its reliance on foreign oil. Instead of trying to make gasoline cheap, Lave urges enactment of a steep gas tax. Lave argues such a tax would boost national security, encourage purchase of fuel efficient vehicles and provide a stimulus to the economy.