Excerpt from Brown Alumni Monthly, Vol. 80: April, 1980
Those of us out here who have qualified for inclusion in Professor Borts's rogues' gal lery of select villains might forgive him his antediluvian version of laissez faire and his sins of omission, but the errors in fact and the outright distortions go well beyond what any reasonable person can accept. What are we to make of his statement that the great est victims of higher energy prices are the rich, not the poor the reason is that the rich spend a higher fraction of their income on energy-using activities. This statement translates as follows: the rich are being vic timized by higher energy prices because they have the terrible burden of operating yachts, private aircraft, three Cadillacs, and multiple television sets whereas the poor have it relatively easy because they only have to scrape up the dough to pay for home heating oil! Ls Professor Borts joking? That anyone can hold such a view, let alone utter it pub licly, does not strain credulity it shatters it beyond repair.
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