The 2012 presidential campaign is heating up, and so is the debate around energy taxes. There may be little political cost to advocating for higher taxes on oil and gas producers, but slamming American energy companies with tax hikes is simply bad policy.
9:56 AM 02/09/2011
First, there’s the fairy tale version of government stimulus spending.
10:59 AM 01/26/2011
President Barack Obama’s State of the Union address started out with some promise, but in the end, while it did not necessarily surprise, it did disappoint.
1:21 PM 01/21/2011
Coal matters. It matters to individuals, to small businesses, to our nation’s competitiveness, and to our overall economy. Nearly half of U.S. electricity is produced from coal, and the fuel cost of electricity produced from coal is cheaper than any other fossil fuel.
11:29 AM 01/05/2011
Despite what many people seem to believe -- including more than a few prominent politicians -- capitalism cannot happen without capitalists. Put another way: the enormous benefits that come from free enterprise and free markets are not possible without those who have accumulated capital and are willing to place that capital at risk.
1:42 PM 12/22/2010
The policy debate rages over fracking, a process for extracting oil and/or natural gas from rock.
1:00 PM 12/15/2010
The Federal Open Market Committee released its latest statement on the economy and monetary policy on December 14. In it, the Bernanke Fed reaffirmed its commitment to running loose monetary policy in the hopes that it will somehow juice up economic growth and job creation.
2:11 PM 12/01/2010
If you need proof that being wealthy does not mean that you necessarily understand economics and public policy, consider a letter to President Barack Obama signed by a group of rich folks urging him to hike their taxes.
5:50 PM 11/17/2010
November has been one tough month for President Barack Obama.
3:36 PM 11/12/2010
As an economist, I often ponder the following question: Why do so many people fear big business but love big government?
