[This interview of Robert L. Bradley Jr. by Stephen Hicks (website here) is part of a series: Part I (Libertarianism and Energy); Part II (Expanding Energy Horizons); and Part III (Enron as a Political Company).]

Kaizen: You mentioned that Enron was also involved in lots of alternative energy sources—wind power, solar power, “green” energy, and that it was one of the first at the political table. Did Enron think that with the right kind of farsighted investment the new energies could be profitable?

Or was this again part of a political strategy: Alternative energy was a political favorite, certainly during the Clinton Administration years, when Al Gore was vice president? So Enron is getting a seat at the table; and whether alternative energy actually succeeds or not, it’s a good business strategy at least in the short term.…

Two years ago yesterday, MasterResource was launched by a group of free-market energy scholars.

Our concept was different from most blogs. With one in-depth blog per day, the idea was to create an open book of small mini-chapters, creating a scholarly resource and a historical record for the energy and energy/environmental debates. We now have 275 categories–the index of our ever expanding book.

Our total views have surpassed 700,000. Our rank at Technorati is #25 out of 6,369 “green blogs” (as of 12/26/10). We have a loyal, sophisticated readership. The comments add meat to the posts.

Most of all, our content will most assuredly meet the test of time as future scholars review MasterResource to understand the intellectual arguments and political discourse.

Here is the opening blog from December 26, 2008:…

THE LESS ONE KNOWS ABOUT THE UNIVERSE, THE EASIER IT IS TO EXPLAIN

—Leon Brunschvicg

Have truth and consequences arrived for the biggest energy sham of all?

Energy journalist Robert Bryce recently broke the news to mainstream American media. In a hard-hitting article published in the Wall Street Journal, he reported the findings of a Colorado energy research study, which earlier this year concluded that the industrial wind technology it sampled in the regions of Colorado and Texas neither reduced carbon dioxide (CO₂) emissions in the production of electricity nor rolled back consumption of fossil fuels.

The raison d’être of the wind industry is to abate significant levels of the greenhouse gas emissions many feel are causing precipitous and adverse warming trends in the earth’s climate.…

Editor note: Milton Friedman would be 98 this Saturday July 31. (He died on November 16, 2006.) This exchange with Robert Bradley–when Dr. Friedman was 91 years old–is testament to the mental powers of one of the greatest social thinkers of modern time.

Friedman had not met Bradley but was in the habit of actively communicating with scholars until his final illness.

I had heard that the great economist and social thinker Milton Friedman (1912–2006) was a prolific communicator with those who posed worthy questions to him. So when I got interested in mineral resource theory, which would culminate with my 2007 essay, Resourceship: An Austrian Theory of Mineral Resources, I asked Dr. Friedman in August 2003 about his views on the late Julian Simon (1932–98), specifically whether Simon’s work on resources, and his conception of the ultimate resource, merited a Nobel Prize in economics.…