All Posts Tagged With: "energy markets"
A Free-Market Energy Vision
Energy is the master resource. Without it other resources could not be produced or consumed. Even energy requires energy: There would not be usable oil, gas, or coal without the energy to manufacture and power the requisite tools and machinery. Nor would there be wind turbines or solar panels, which are monuments to embedded fossil-fuel [...]
29Jun2010 | Robert L. Bradley Jr. | 5 comments | ContinuedPutting a Bureaucrat in Your Tank: Gasoline Markets and Regulation
If you run a barrel of crude oil through a still, the technique used by the earliest refineries and still a stage in modern refining, it separates into various fractions, including kerosene, gasoline, diesel, fuel oils, waxes, and asphalt. Without further processing, about 10 percent will be “straight run” gasoline. In the 1870s this 10 [...]
1Oct2007 | Andrew P. Morriss | 0 comments | ContinuedEnron and Argentina Are Examples of Market Failure?
In the eyes of New York Times columnist Paul Krugman, nearly everything that goes wrong in the world is caused by the fact that government is not big and powerful enough. In a mid-December 2001 column he blamed both the bankruptcy of Enron and the collapse of the Argentine economy on deregulation. But, as is [...]
1May2002 | Thomas J. DiLorenzo | 3 comments | ContinuedEnergy: Ending the Never-Ending Crisis
Jerry Ellig is a professor of economics at George Mason University, Fairfax, Virginia. This highly readable book undermines both the economic and constitutional rationales for federal regulation of energy markets. The truly amazing thing is the sheer amount of information the author packs into 125 pages. The economics of energy regulation take up just a [...]
1Oct1998 | Jerry Ellig | 1 comment | Continued-
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