Showing posts with label production. Show all posts
Showing posts with label production. Show all posts
William L Schachte: A Declaration Of Energy Independence
Ending dependence on foreign oil. The United States is closer than ever before to fulfilling the vision
of our Founding Fathers. By achieving energy independence, we can
achieve freedom from foreign influence. Yet on the basis of alarmist and groundless claims, the Obama administration
is balking on two key elements of this new energy security: ... MORE
The Perfect Woman For The $10 Bill: Ayn Rand
She understood the root of money is you. Perhaps my favorite character in all of literature is Ayn Rand’s Francisco Domingo Carlos Andres Sebastián d’Anconia from her novel Atlas Shrugged. The descendant of long line of industrialists and sole heir to his family’s fortune, Francisco flouts the idea that money destroys by working to be worthy of his ... MOREDamon Root: Property Rights Vs. USDA Crop Seizures
Gov't takes without paying just compensation. According to the Fifth Amendment to the U.S. Constitution, the government must pay just compensation when it takes private property for a public use. Three years ago, in the case of Arkansas Game & Fish Commission v. United States, the U.S. Supreme Court reaffirmed that command, declaring that ... MOREWashington State Growers Struggle To Sell Legal Marijuana
High taxes are driving many to black market. Washington's legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn't have pot to sell. Prices were through the roof. Six months later, the equation has flipped, bringing serious growing pains to the new industry. A big harvest of ... MOREWalter E Williams: Basic Economics
Knowledge is power. "Whether one is a conservative or a radical, a protectionist or a free trader, a cosmopolitan or a nationalist, a churchman or a heathen, it is useful to know the causes and consequences of economic phenomena." That quotation, from Nobel laureate George J. Stigler, is how Dr. Thomas Sowell begins ... MORE
Daniel Kish: Santa Comes Early Bearing Gift of $2 Gas
Are oil companies less greedy or what? For most Americans, the annual Christmas journey to grandma’s house will be less expensive this year. Gas prices are at their lowest levels in five years, thanks largely to booming domestic oil production on state and private lands. That surge promises to put more money in our pockets—and perhaps more ... MOREDumb Policies Frustrate Benefits Of Falling Oil Prices
by Peter Morici. Falling gas prices add to holiday cheer, but those are not an unvarnished good for the U.S. economy—thanks to bad economic policy. Oil selling at about $65 a barrel oil prices gives consumers and many businesses a lot of additional buying power, but it also puts a damper on the U.S. oil and gas boom. For now, U.S. oil ... MORE
Ronald Bailey: How Low Can Gas Prices Go?
Peak oil? What peak oil? The price of oil in global markets has plunged by
nearly 40 percent over the past six months. As a result, the price
of a gallon of regular gasoline in the U.S. has dropped from an
average of $3.68
in June to $2.74 this week. In June, the U.S. Energy
Information Administration had projected that a gallon of gas ... MOREWe're Number 2! China Tops America As Largest Economy
by Brett Arends. Another dividend of hope and change. Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become ... MORE
Larry Kudlow: Lower Oil Prices Are a Free-Market Victory
And a big tax cut. Seldom has so much good news been portrayed so
negatively. Oil prices continue to fall in the U.S. and around the
world, but near everyone in the media is grumpy about it. The headlines
today are among the silliest I’ve seen: Energy-company stocks are
declining, oil deflation is an economic threat, the Fed might raise
rates much ... MOREThe Bad Policy That Created The Great Chocolate Shortage
by Tim Worstall. The last few days have seen us regaled with a serious of stories about how the world is going to run out of chocolate. That would be, I think we can all agree, almost as bad as running out of bacon. So it’s worth thinking through the reasons as to why we might be running out. After all, cocoa, from which chocolate is made, is a plant, ... MORE
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