As Congress ponders how the country can avoid an energy crisis like the one that has affected California, many people believe that only science-fiction can offer a long-term solution–a solution in which discoveries in theoretical physics would lead to a new...
The attacks against deregulation of the California power industry by the enemies of capitalism are attacks against a straw man. Deregulation means that government removes onerous regulations that violate the rights of producers and consumers to trade freely (markets...
The environmental movement is profoundly antilabor, because in seeking to undercut the productivity of labor, it strikes at the foundation of rising real wages.
Since it has long been known that the best defense is a good offense, it should not be surprising that politicians who have created an economic mess should begin loudly denouncing somebody else as the cause of the public’s problems. Last year, the problem was a...
Such wonderful progress in the ability to buy electricity and all other goods can continue in this new century—if only power-hungry government officials and misanthropic environmentalists will get out of the way.
Assertions that California’s “blind faith in markets” has led to an electricity shortage is a lie.
Destructionist government policy has increasingly restricted the supply of electric power in California and throughout the United States.
“The solution to our current oil shortages isn’t more regulation, but less,” said Bernstein.
The government and the ecology movement have done everything in their power to raise the demand for and restrict the supply of oil.
On April 30, motorists nationwide staged the “Great American Gas-Out,” to protest “spiraling” gas prices. And when consumers complain, rest assured politicians will do something dumb to make them happy. It didn’t take long. In California,...
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