All Posts Tagged With: "energy crisis"
Trading for Security
Americans tolerate a costly global national-security apparatus in part because they believe the country would be economically vulnerable without it. After all, we use resources from all over the world—oil being only the most prominent example. What if an embargo cut us off from supplies? Anyone expressing skepticism about this is sure to be confronted [...]
24Nov2010 | Sheldon Richman | 4 comments | ContinuedUnintended Consequences in Energy Policy
On the first day of every economics class I teach I start with The Ten Pillars of Economic Wisdom. This is a list I have put together of the ten most important principles in economics. Pillar number six is, “Every action has unintended consequences; you can never do only one thing.” U.S. energy policy illustrates [...]
2Mar2009 | David R. Henderson | 11 comments | ContinuedNixon’s New Economic Plan
Richard Nixon had a crisis mentality. In 1962, unhappily out of public office, he wrote an autobiographical account entitled Six Crises. Whereas some presidents have faced real crises, however, Nixon’s were more the product of his personal sense of siege. As president he twice declared a state of national emergency, first on March 23, 1970, [...]
20Jan2009 | Robert Higgs | 2 comments | ContinuedEnergy Policy: Wisdom or Waste?
Roger McKinney (rdmckinney@cox.net) is senior analyst for a quasigovernmental health-care agency in Tulsa, Oklahoma. We can’t help ourselves. Americans crave the black gold that pulses through the concrete arteries of our nation’s transportation system. In the opinion of many, we have hocked our future for a cheap fix with a drug that abandons our nation [...]
1May2007 | Roger McKinney | 5 comments | ContinuedWe’re Running Out of Oil?
The rise in gasoline prices in the United States has become a political issue. Each side panders to its own constituency with the most extreme arguments and factoids, leaving precious little in the middle ground of common sense. Take, for example, the March op-ed in the Los Angeles Times by Paul Roberts, “Say Bye-Bye to [...]
1Sep2004 | John Jennrich | 2 comments | ContinuedUncle Sam’s False Fuel Economy
Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books. A quarter century after the misguided policies of President Jimmy Carter and a Democratic Congress created an “energy crisis,” President George W. Bush and a Republican Congress risk wandering down the same foolish [...]
1Nov2001 | Doug Bandow | 0 comments | ContinuedHigh Gasoline Prices Are Your Fault?
Who should be blamed for the high oil and gasoline prices? OPEC? The oil companies? The government? According to the New York Times’s Floyd Norris, if you chose any of those you would be wrong. Writing on June 23, Mr. Norris places all the blame for the current “energy crisis,” as he calls it, squarely [...]
1Nov2000 | Roy Cordato | 0 comments | ContinuedRegulatory Extortion
Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]
1Mar2000 | Thomas J. DiLorenzo | 8 comments | ContinuedWasting Energy on Energy Efficiency
Ben Lieberman is a policy analyst with the Competitive Enterprise Institute in Washington, D.C. Few aspects of our daily lives are more heavily regulated by the federal government than our use of energy. The cars and trucks we drive, the structures in which we live and work, and virtually every major appliance we use has [...]
1Apr1999 | Ben Lieberman | 3 comments | ContinuedElectrical Utilities: The Final Deregulatory Frontier
Doug Bandow, this month’s guest editor, is a senior fellow at the Cato Institute and the author of The Politics of Envy: Statism as Theology. Up into the 1970s electrical utilities were one of the least likely candidates for deregulation. The industry was littered with local and regional government enterprises and state and federal subsidies. [...]
1Nov1997 | Doug Bandow | 3 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
