Libertarianism and Energy (Part I: Robert L. Bradley Jr. Interview with Professor Stephen Hicks)

By -- January 7, 2011 2 Comments

[Note: Last summer, philosophy professor Stephen Hicks (website here) interviewed MasterResource founder Rob Bradley. “The Robert L. Bradley Jr. Interview, ‘Enron and Political Entrepreneurship'” covers Bradley’s intellectual career and worldview regarding the market order and energy.

This series (in four parts: Part II, Part III, Part IV) is the full interview (with some elaboration), from which an abbreviated version was published in KAIZEN magazine (Issue 13: August 2010)  and a longer version was posted online.]

Introduction

Rob Bradley worked at Enron for 16 years. As director of public policy analysis for his last seven years there, he wrote speeches for the late Ken Lay, Enron’s CEO, who was convicted in 2005 of fraud and conspiracy.

Bradley is also founder and CEO of the Institute for Energy Research of Houston, Texas, and Washington, D.C.

Continue Reading

John Holdren’s Big Science, One Science Directive (so what has this smartest-guy-in-the-room said in the past?)

By Robert Bradley Jr. -- December 30, 2010 6 Comments

“Some form of ecocatastrophe, if not thermonuclear war, seems almost certain to overtake us before the end of the century.”

–  John Holdren and Paul Ehrlich, “What We Must Do, and the Cost of Failure,” in Holdren and Ehrlich, Global Ecology (1971), p. 279.

“As University of California physicist John Holdren has said, it is possible that carbon-dioxide climate-induced famines could kill as many as a billion people before the year 2020.”

–  Paul Ehrlich, The Machinery of Nature (1986), p. 274

“We have been warned by our more cautious colleagues that those who discuss threats of sociological and ecological disaster run the risk of being ‘discredited’ if those threats fail to materialize on schedule.”

– John Holdren and Paul Ehrlich, eds., Global Ecology (1971), p. 6.

“John Holdren (like Paul Ehrlich) has done much to discredit himself by both his failed forecasts and his angry response to his critics….

Continue Reading

Three Cheers for Holiday Lighting! (“let it glow, let it glow, let it glow”)

By Robert Bradley Jr. -- December 24, 2010 14 Comments

Left environmentalists critical of electrified America must have mixed emotions this time of the year. It may be the season of good cheer and goodwill toward all, but it is also the time of the most conspicuous of energy consumption. America the Beautiful is at her best come December when billions of stringed light bulbs on buildings and trees turn the mundane or darkness itself into magnificent beauty and celebration.

Holiday lighting is a great social offering—a positive externality in the jargon of economics—given by many to all. it makes one wish for more lighting all months of the year in urban centers–for ease of movement, for safety, for better moods. “Here Comes the Sun,” a favorite of so many, could be joined by “Here Comes the Light.”

While energy doomsayers such as Paul Ehrlich have riled against “garish commercial Christmas displays,” today’s headline grabbers (Grist, Climate Progress, where are you?)…

Continue Reading

Energy at the Speed of Thought (Part 3: How Oil Rose to Prominence)

By -- December 22, 2010 3 Comments

[Editors note: This is part 3 of 4 in Alex Epstein’s exploration of innovation and creative destruction of the early oil market. Read Part 2 here. References are at the bottom. This post was originally published in The Objective Standard.]

George Bissell was the last person anyone would have bet on to change the course of industrial history. Yet this young lawyer and modest entrepreneur began to do just that in 1854 when he traveled to his alma mater, Dartmouth College, in search of investors for a venture in pavement and railway materials. 26 While visiting a friend, he noticed a bottle of Seneca Oil—petroleum—which at that time was sold as medicine. People had known of petroleum for thousands of years, but thought it existed only in small quantities.…

Continue Reading

Peak-Oil Puff on Huff (David Hughes of the Post-Carbon Institute Tees Off)

By -- December 16, 2010 33 Comments Continue Reading

Who is Charles Koch? (A builder of business and critic of political capitalism)

By -- December 2, 2010 5 Comments Continue Reading

Subsoil Privatization: The Ultimate Post-BP Spill Reform

By Robert Bradley Jr. -- September 17, 2010 2 Comments Continue Reading

Remembering When Enron Saved the U.S. Wind Industry (Best of MasterResource)

By -- September 4, 2010 15 Comments Continue Reading

Milton Friedman on Mineral Resource Theory (remembering a giant of social thought)

By Robert Bradley Jr. -- July 30, 2010 26 Comments Continue Reading

2Q-2010 MasterResource Update: The Progress Continues

By Robert Bradley Jr. -- July 3, 2010 1 Comment Continue Reading