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Out of Energy

The President’s proposals for energy in the State of the Union address are wrong-headed. He proposes to put the boon in boondoggle by increasing the…

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Oil over bar the shouting

With oil prices currently at a 19-month low and heading back to $50 a barrel, this is an excellent discussion of the causes…

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Useful Jargon

Al Gore’s movie increases Informational and Reputational Cascades based on Availability bias… Hey, don’t complain to me, but to Oxford University’s Future of Humanity…

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Bad law breeds bad law

The scandal of the US ethanol program – a mandate, a subsidy and a trade barrier all rolled into one – is now having dire…

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As Lenin said about rope…

Our sophisticated friends, the Europeans, are desperate to do anything to meet their Kyoto targets, which they are currently speeding away from in the wrong…