All Posts Tagged With: "offshore drilling"
Capital Letters — Is Energy Independence Desirable?
Is Energy Independence Desirable? I thought that the title of the article by David R. Henderson, “Let’s Not Be Energy Independent,” in the October 2008 issue was shocking, and the content of the article did nothing to allay my concerns. The author seems to think that one achieves independence by tariffs and import controls. He [...]
2Apr2009 | mnolan | 0 comments | ContinuedPrivate Property and Opportunity Costs
In three previous columns I discussed opportunity cost and the importance of this concept to understanding economics. We have considered the advantage the market has over government at incorporating opportunity costs into the calculus of decision-makers. Markets promote the general interest by revealing costs while governments commonly favor special interest by concealing those costs. In [...]
1Jun1999 | Dwight R. Lee | 0 comments | Continued-
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Capitalism, Corporatism, and the Freed Market
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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
