Archive for Richard W. Fulmer
Richard Fulmer is a senior fellow with the Institute for Energy Research and co-author (with Robert L. Bradley, Jr.) of Energy: The Master Resource.
How Dense Can They Get?
When it comes to power, density is the key. Energy density. The reason that solar power, wind power, and ethanol are so expensive is that they are derived from very diffuse energy sources. It takes a lot of energy collectors such as solar cells, wind turbines, or corn stalks covering many square miles to produce [...]
12Nov2009 | Richard W. Fulmer | 4 comments | ContinuedWorld War II Ended the Great Depression?
In his 2008 book, The Return of Depression Economics and the Crisis of 2008, Paul Krugman writes: “The Great Depression in the United States was brought to an end by a massive deficit-financed public works program, known as World War II.”
He has since repeated this bon mot in a number of columns and television appearances. [...]
Enlightened Altruism
Richard Fulmer has a degree in mechanical engineering and is currently working as a systems analyst in Houston, Texas.
Libertarians are awfully irritating. They keep talking about “enlightened self-interest,” which is, both literally and figuratively, a self-centered phrase. Why don’t they talk about “enlightened altruism,” that is, doing the most good for the most people?
After all, [...]
Does Court Time-Saving Cost Liberty?
The ability of ordinary American citizens to appeal unjust and arbitrary government decisions is being steadily eroded by the federal court system. In the name of efficiency and cost-saving, courts have been discarding time-proven practices such as hearing oral arguments and writing, presenting, and publishing reasoned opinions. These practices, which open the proceedings of the [...]
1Nov2002 | Richard W. Fulmer | 0 comments | ContinuedBook Review: Oil, Gas, & Government, 2 Volumes by Robert L. Bradley, Jr
Mr. Fulmer is a systems analyst in Houston, Texas.
Untold damage has been done by governments that restrict human action in attempts to correct perceived market failures. Like a pebble dropped in a pond, each government action ripples through the economy in ever-widening circles, yielding unforeseen consequences that create demands for additional government intrusion. Ironically, [...]
The Social Security Trust Fund: Savings vs. Saving
Mr. Fulmer is a systems specialist in Houston.
For every person receiving Social Security benefits in 1950, 17 others were employed. By 1970 the ratio had dropped to three workers per beneficiary, and as postwar baby boomers reach retirement age early in the 21st century? that ratio will drop to two-to-one. In the year 2030, [...]
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Book Reviews
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
