News and commentary about energy and energy policy in the Volunteer State
Wednesday, September 24, 2008
U.S. House Dems will let drilling ban lapse
WASHINGTON (CNN) -- After months of high-pitched battles with Republicans over the issue of offshore drilling, House Democrats have given in and decided to allow a 26-year ban on drilling to expire at the end of the month. More...
It is estimated that a third of all resources are allocated outside of markets, via the public sector. The remaining two thirds of resources are allocated in markets that are regulated by the public sector. Small changes in policy can have a dramatic impact on the direction and flow of resources in a particular sector of the economy and thereby on the well-being of society. Good information and analysis facilitates good debate and, in the end, good policy.
No comments:
Post a Comment