…means subsidies for the rich, and harm to the poor. Which is generally the result of crony socialism.
Category Archives: Business
In The Year Of The Dragon
You can now see the inside of one.
Larry Summers’ Economics Memo To Obama
Eleven stunning revelations. Actually, I’m not that surprised.May of them are what we’ve been saying all along.
Rocket Men
As part of the continuing on-line rollout of this month’s special Reason issue on space, Katherine Mangu-Ward writes about the people working to get the rest of us into space. There will be a lot of familiar names to readers of this site. I think that my lead article is due to be posted tomorrow. But if you can’t wait, I think it’s still on the stands. Or you might want to subscribe — it’s just a little over a buck a month.
Science Advisors To The Stars
I’ve long complained about stupid scientific inaccuracies in films, but some people in Hollywood are making more of an attempt to get it right.
The Solution To California’s Fiscal Problems
The California Monterey fields have four times the reserves of Bakken:
Harold Hamm (billionaire owner of Continental oil) estimates the Bakken oil field will produce six times (24 billion barrels) the oil of the EIA estimate. Harold Hamm also believes that the San Joaquin Monterey California fields are the next big horizontal drilling play.
So much for “peak oil.” Of course, the problem is that we don’t yet seem to have reached peak stupidity in Sacramento (or among the California electorate).
Egalitarianism
Collectivism isn’t a new, or “progressive” idea — it’s the oldest one in the world. Liberty is what’s new, only a couple hundred years old, but the reactionary Left wants to take us back to the past.
And read the whole thing, though it’s long. It’s quite interesting.
The Latest At SpaceX
Michael Belfiore went on a tour of the factory last week.
The “Energy President”?
It’s Obama’s first big campaign lie.
I fearlessly predict it won’t be his last.
[Early afternoon update]
Well, here’s a partial explanation for the Keystone decision. It benefits Obama crony Warren Buffet.
SOPA/PIPA Thoughts
…from Andrea Harris. Yes, just because Google opposes it doesn’t make it good.