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Prediction 2009: No Agreement at Copenhagen
The global warming community have suggested for a while now that, given the almost-certain change in US administration policy on global warming (remember John McCain’s…
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Point/Counterpoint
Germans build “passive houses” to reduce CO2 emissions. British children fall asleep in stuffy eco-classrooms.
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A Price on Carbon is No Panacea
Environmentalists hate coal. The recent This Is Reality campaign also seeks to point out that Clean Coal technology doesn’t exist yet. And they…
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Jail Time for Conflict of Interest?
David Bruggeman at Prometheus has what I think can only be described as an extreme view of conflict of interest: An Emory University Researcher…
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The Real Auto Bailout: A Six Point Plan for Regulatory Relief
Here’s what the auto companies really need – a reduction in the regulatory burden placed on them by Congress. These burdens have placed Detroit at…
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Bush Bailout Beggars Belief
If there’s one provision in the GM/Chrysler bailout that I just don’t get, it’s the suggestion that the automakers must be financially viable by…
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Taylor Tells of Tol’s Ton Toll
Jerry Taylor of Cato has an excellent summary of what the scientific literature tells us about the social cost of carbon emissions, drawing on…
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No Regrets Greenery for Kids
In recent days I’ve been heavily exposed to commercials featuring the Nickelodeon network’s teen stars advocating The Big Green Help, including, Lord help us,…
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EU Climate Agreement All Smoke and Mirrors
So if the EU has just put together an agreement to reduce emissions by 20% by 2020, why are the climate alarmist groups calling it…
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Deregulatory Bailout
There are hundreds of regulations that Congress and agencies have imposed on the auto industry, driving up their costs unnecessarily. As an illustration, these are…
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The Acceptable Face of Capitalism?
Our simplest and best answer to the whole bailout issue, it seems to me, is that creative destruction has to be allowed to take place.
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German Finance Humor
When the Germans are laughing at you, things are in a pretty serious mess. That’s the case with the British version of the bailout, which…
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Rule of Law at Stake in the UK
Yesterday the UK saw a large group of protesters bring a major London airport to a halt. Plane Stupid (you can’t get them for false…
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Life Imitates The Simpsons, Part CCXXXIV
Op-Eds
Obama’s promises on climate change clash with reality
Sir, Christopher Booker is correct when he talks about global warming policy as an economic suicide note. Yale economist William Nordhaus recently…
New York Post
Phantom Jobs
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More on the Carmakers Recovery Assistance Program
Jeremy Clarkson on the fall of the British Auto Industry:…
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Carmakers Recovery Assistance Program
While lawmakers consider whether or not to bail out an industry they holed beneath the waterline, perhaps they could learn from the history on…
National Review
Obama’s Code-Green Economy
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Credit Spiral
So, say you've had a good relationship with a credit card company and been paying off substantially more than minimum payment over recent months. You've…
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How Not to Solve a Crisis
…is the title of a useful contribution to the discussion from the International Policy Network in London and the Lion Rock Institute in Hong…
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Tories Retreat From Green Taxes
A major part in the rebranding of the British Conservative Party following a traumatic election defeat (sound familiar?) in 2005 was a turn to environmentalism.
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More on Deflation
Good stuff from Joseph Lawler at the American Spectator, defending Robert Samuelson from, err, Robert Samuelson. He concludes: No reasonable observer of government…
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License to Print Money. Literally.
The threat of deflation is so big in the UK, where they have found their version of the financial crisis worsened by the weakness of…
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The Economic Change We Need
I have an article on that very subject over at NRO today. Check it out!…
Op-Eds
Economic Change We Need
Now that the election is over, the most important issue facing the new president and Congress is the economy. To deal with it…
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Explaining the Election to Brits
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Gore Rebuffs Press, Admits Failure, Still Adored
Paul Krugman once accused me of Gore Derangement Syndrome. In response, I suggested that he and others suffered from Gore Blindness Syndrome. Here’s another…
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Bailout on Wheels Rolls Down Slippery Slope
Ah, that slippery slope. All of a sudden, Nancy Pelosi has come to the conclusion that ensuring union retirees receive large amounts of taxpayers’ money…
Op-Eds
Danny Finkelstein is wrong, wrong, wrong, wrong about the US elections
Iain Murray is Director of Projects and Analysis at the Competitive Enterprise Institute, a libertarian think-tank in Washington DC. The…
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What Obama Means for Environmental Policy
My colleagues will be providing some commentary on what an Obama presidency means, realistically, for global warming policy. Here, I'm going to comment on environmental…
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Kudos to California
Great result in California, where the voters figured out the plan by T Boone Pickens and his cronies at Chesapeake Energy to force people to…
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Bailout: Where it all went wrong for McCain
Assuming, as most nonpartisan observers do, that Sen. Obama is walking away with this election today, it might behoove Republicans and their supporters to ask…
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Paper, Not Plastic
Op-Eds
Let Friedman Reign
Hot, Flat, and Crowded: Why We Need a Green Revolution—and How It Can Renew America By Thomas L. Friedman (Farrar, Straus &…
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FreeRoots
Some of the brightest minds in the online conservative movement — John Hawkins, Patrick Ruffini and Mark Tapscott — are discussing what…
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Let Friedman Reign?
I have a review of Tom Friedman’s new blockbuster Hot Flat & Crowded in the latest issue of The American Spectator. I’m not a fan,…
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They’re In The Money
We’re hearing from a variety of sources that Jamie Dimon, the CEO of JP Morgan Chase, has agreed in principle to be Obama’s Treasury Secretary.
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Understanding the GSEs’ Role in the Mixed Economy
I'm not sure why Matthew Yglesias chose to adopt the unpleasant leftist tactic of beginning an argument with insult ("conservatives don't know anything about…
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“One of The Great Success Stories of All Time”
While conservatives are angry about a number of things at the moment, they should be at least as angry that the Congressional Democrats who helped…
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Quotes of the Day
Arnold Kling: Instead of thinking of the pending bailouts and financial regulation as a new era of government supervisions of markets, think of it…
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Better Lifestyle Bureau?
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Bash the Bailout: Government is Not the Answer
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Why the Bailout Won’t Help Money Markets
It will actually divert money to the Treasury from commercial lending. Naked Capitalism has more, concluding: When Paulson dumps out his 700 billion in…
Op-Eds
Will More Drilling Increase U.S. Energy Security?
Iain Murray Mr. Abraham’s Parthian shot in this debate is a precise example of why I feared it would disappear in…
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What Are Markets For?
There are all sorts of people today who normally talk about free markets but who have got themselves into a tizzy over the failed bailout.
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Le Schadenfreude?
Op-Eds
Toxic Arguments
A Review of “Poisoned Profits: The Toxic Assault on Our Children” by Philip and Alice Shabecoff By Iain Murray There’s…
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Mark-to-Markets for Dummies
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My Heart Bleeds
From today’s Greenwire: NEW YORK — The crisis roiling Wall Street is threatening to choke financing for green energy projects. Venture capitalists and private equity…