Existing nukes are among the cheapest sources of electricity we have. They don't emit CO2 or anything else (other than water vapor) into the atmosphere. There is a solvable (see below) problem with nuclear waste.
So should new nuclear plants be built? The decision should be More...
We need to cure a national addiction to government-guaranteed debt. Proponents of government loan guarantees for things like mortgages, nuclear power plants, college loans, and small businesses tout the worthiness of the projects that are being encouraged. IMHO, the main beneficiaries of these pr More...
Most of the market for solar photovoltaic panels was artificially created by subsidies and mandates in the United States and way above-market rates paid to generators of solar electricity in places like Germany and Spain (now drastically reduced). Whoever makes such decisions in China noticed thi More...
The damage that government subsidies to business do the economy is far worse than just the cost to the treasury; government money drives out private investment. Government money stifles innovation; government money destroys jobs. Government's role is to regulate; it can't do that effectively when More...
Whether the goal is to deploy rural broadband, build a factory, a bridge, or a railroad, environmental law and regulation has become twisted to allow a small minority of opponents to block projects by imposing unreasonable and unpredictable cost and delay. It's not a question of growth vs. th More...
"Nothing in America is shovel ready" was the phrase from my Confessions of a Stimulator post which led to the most discussion in interviews both More...
Wall Street Journal publication of the lead article from my "Confessions of a Stimulator" More...
""To dig holes in the ground," paid for out of savings, will increase, not only employment, but the real national dividend of useful goods and services," wrote John Maynard Keynes in The General Theory of Employment, Interest, and Money. Of course, since Keynes was an More...
Picture piles of soggy copies of the The Wall Street Journal lying in the snow in New York and Boston. In those soggy piles is my op-ed titled "Confessions of a State Stimulus Czar". But, fortunately, there is also an online edition of the Journal; there, albeit behind More...
If the "Draft Proposal from the National Commission on Fiscal Responsibility and Reform" were adopted straight from the PowerPoint slides, there More...
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