The purpose of any economic exchange is to better one’s position, whether a person buys or sells something for money or barters for something else. This is the essence of free market capitalism, where all economic transactions are voluntary because they are of mutual benefit. They are all “win-win” situations in the minds of the participants.
Early in his campaign, now top-tier Republican presidential candidate, Ben Carson, supported ethanol—a position for which I called him out. It has long been thought, that to win in Iowa, a candidate must support ethanol.
In this edition of The Heartland Daily Podcast, Paul Driessen from a Committee for a Constructive Tomorrow (CFACT) and Heartland Institute research fellow Isaac Orr discuss the environmental and economic impacts of ethanol in the United States. The podcast sheds light on the empty promises of ethanol such as energy independence and environmental benefits.
Approximately 800 million people are currently malnourished, and the world’s population is expected to rise by 2 billion by the year 2050. If we use current technologies—or, Heaven forbid, roll back use of modern agricultural practices—we will have to plow down literally millions of acres to relieve the projected hunger expected to come as a result of the growing population. Fortunately, a widespread embrace of biotechnology and genetically modified (GM) crops can help ensure there is enough food for all.
Twenty-nine states, more than half the stars on the American flag, have filed lawsuits against the U.S. Environmental Protection Agency for redefining the “Waters of the United States,” or WOTUS, erasing “navigable” and usurping states’ rights by including local seasonal streams, farm irrigation ponds, roadside ditches, and even “connective” dry lands placed under authority of the Clean Water Act.
Both of the nation’s retail hardware behemoths, Home Depot and Lowe’s, recently sold out to activists in ways that are the corporate equivalent of a dog’s putting his tail between his legs and slinking away from a bully. Home Depot announced that by the end of this year it will stop selling vinyl flooring that contains a class of chemicals called phthalates. It described the move as an effort to “continually challenge our suppliers to develop new, innovative options for our customers.” Baloney. What the company did was abandon both science and its customers under pressure from the activist group Safer Chemicals, Healthy Families, which sponsors the “Mind the Store” campaign that has been strong-arming retailers to remove safe, useful, and affordable products from shelves.
Instead of fretting over Sony’s sheepish release of a movie depicting the assassination of Kim Jong-un, consider how your grocery bill will look in 2015 if we accede to the anti-scientific demands of Europe, China, Russia, and Japan.
The late, inordinately great Ronald Reagan provided expert analysis of the ridiculous Push-Pull damage wrought by government.
The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Government Pushes you into arrest – and then Pulls you in with money. From enemy of the state – to serf thereof.
President Obama, and his administration, has enacted so many foolish and cost-increasing energy policies, it is easy to think that they are his purview alone. But in 2007, Republicans were just as guilty. Seeds were planted and a garden of bad legislation took root in a totally different energy environment. At the time, the growth seemed like something worthy of cultivation. However, what sprouted up more closely resembles a weed that needs to be yanked out.