“It is clear that solar and wind are competitive in many situations right now.”
– Joe Romm, Climate Progress, April 21, 2011.
“If it wasn’t clear before it is crystal clear now that the people pushing a massive government spending program for clean energy are living on ‘Another Earth’.”
– Joe Romm, Climate Progress, July 28, 2011
In April, Joe Romm at Climate Progress reiterated his claim that politically correct renewable energies are well on their way to competitive viability–if not there already. Now, with business-as-usual federal subsidies for wind and solar at risk, there is fear and loathing at Climate Progress (Romm’s bully blog at the Center for American Progress).
Mad Joe Romm is extra mad at Obama and the WHOLE budget debate–as if record, unsustainable budget deficits were not reality.…
Ludwig von Mises’s Human Action: A Treatise on Economics might stand as the single greatest social science book of the 20th century. Written in 1949, with slight revisions in 1961 and 1966, Human Action has been described as economics as it might have been and should be. No economists jokes here! This book is all about using sound assumptions and logically deriving the qualitative truths, the science, of economics.
I spent the summer of my sophomore year in college (1975) teaching tennis and studying Human Action. It was slow reading, and I worked up my own index to help me. I underlined profusely and wrote margin notes.
It was exhilarating. I had just changed my major from business to economics and wanted a solid foundation, a worldview, to understand the business and economic world.…
[Editor Note: Carter’s April 1977 energy speech was also reproduced and commented upon at MasterResource.]
Thirty-two years ago today, President Carter and his energy advisor James Schlesinger got it all wrong in an emergency television address to the nation. Their neo-Malthusian, government-as-engineer moment should never be forgotten but stand as timeless warning about the anti-market, anti-energy mentality.
In the summer of 1979, many Americans were stuck in the gasoline lines. There was a lot of lost time and nervousness. There was fighting and worse. The market as a buffer of civility was gone. Americans were not used to such a predicament and had the common sense to know that something was very abnormal and not to be tolerated. They were mad.
Here is the background of his energy speech, considered as the most important speech of his presidency:
…On June 30, 1979, a weary Jimmy Carter was looking forward to a few days’ vacation in Hawaii, as Air Force One sped him away from a grueling economic summit in Tokyo.