Year: 2012

We must prepare for extreme weather events, not vainly try to stop them

Climate change should be an issue in the U.S. election, all right. But we shouldn’t be discussing greenhouse gases reduction in a futile attempt to stop climate from changing or extreme weather events from happening. Instead we should be discussing how best to prepare our growing societies for extreme weather like Tropical Storm Sandy, events that will continue to occur no matter what we do.

Price Gouging Is Good

As Hurricane Sandy hits the east coast, now is a good time to take some time to remember something very important - economics. Slate obliges: Even in these polarized times, there are some things politicians of both parties can agree. Price gouging, for example, is...

The revival of Swedish Liberalism

Around the world, leftist intellectuals have used Sweden as a poster child for the idea that socialism can simultaneously lead to prosperity and equality. Proponents of free enterprise usually don’t know how to respond to such statements. It can’t be denied that Swedes enjoy a high standard of living, and for sure, there are elements of redistribution and state interventionism in the country. However, the trend has clearly been in the opposite direction over the past couple of decades.

Featured News

Trust is the Foundation of Authority

The heartbreaking death of Nathanael Spitzer, the cancer-stricken boy from Ponoka, exposed a most callous streak in Alberta’s medical bureaucracy. There is no forgiving how Alberta Health Services appallingly used a child’s death to promote yet more COVID-19 fear. ...

How to Avoid Making the Energy Boom Go Bust: ‘Resource nationalism’ is just one potential flashpoint that could slow a remarkable rise.

Mitt Romney’s energy plan, unveiled Thursday in New Mexico, is the first to deal with the new reality on the ground. It recognizes that the United States has accessible energy stores that could not only help resuscitate the American economy, but also transform global politics by taking energy leadership away from the perennially troubled Middle East.

A Coca-Cola Solution to High Gas Prices: Regulations interfere with competitive markets and render all of us more vulnerable to supply disruptions.

When you fill your car with gasoline, you probably think you’re buying a commodity. Just as a Coke bought in Los Angeles is the same as one bought in Boston, a gallon of gasoline purchased one place is the same as one bought elsewhere—right? Wrong. As one refinery executive noted in 2003, “Gasoline is not gasoline anymore. It is a specialty chemical.”