All Posts Tagged With: "BP"
There’s Too Little Trust in Government?
There is one point on which I can unequivocally agree with E. J. Dionne, Jr.’s, column “Can We Reverse the Tide on Government Distrust?”: “So far, the Obama administration has missed the opportunity to demonstrate . . . how it is changing the way government works. How is its approach to . . . regulations [...]
22Oct2010 | Charles Johnson | 2 comments | ContinuedWhat Does the Oil Spill Prove?
You’ve got to hand it to the people who dislike free markets. They see them everywhere, especially wherever any serious problem arises. That no free market exists within a thousand miles makes no difference whatsoever. Take the oil spill in the Gulf. Market opponents are having a field day. They say this finally demonstrates the [...]
25Aug2010 | Sheldon Richman | 3 comments | ContinuedOil on Government’s Hands
The more we learn about the government’s mismanagement of seabeds it controls and permits oil drilling on, the worse it looks: BP PLC and other big oil companies based their plans for responding to a big oil spill in the Gulf of Mexico on U.S. government projections that gave very low odds of oil hitting [...]
25Jun2010 | Sheldon Richman | 0 comments | ContinuedDo We Need “Alternative Energy” Because of the Oil Spill?
Government intervention played an important role in the spill’s happening in the first place.
23Jun2010 | William L. Anderson | 6 comments | ContinuedHello? Ever Hear of Regulatory Capture?
Throughout the BP oil spill catastrophe it’s been tedious witnessing government officials’ expressing surprise on learning that the Interior Department’s Minerals Management Service has for years held the roles of both watchdog over and business partner with the oil companies in their drilling operations — and that this conflict of interest has kept the MMS [...]
20May2010 | Sheldon Richman | 0 comments | ContinuedSelf-Regulation in the Corporate State: The BP Spill
When companies are sheltered from the market’s disciplinary competitive forces, incentives turn perverse.
14May2010 | Sheldon Richman | 56 comments | Continued-
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