Such is the paradox of government interference in the energy sector: People turn to government to spur innovation, but government is a monopoly, shielded from the market forces that create innovation through competition and consumer choice.
Tagged: John Kasich
In a May 23, 1977 column for Newsweek, titled “A Department of Energy?” the late Nobel laureate economist Milton Friedman wrote: “Do not be misled into supposing that the energy problem is a purely technical problem that engineers can solve.”
There’s an interesting phenomenon playing out in both New Jersey and Ohio: Two of the country’s most prominent conservative Republican governors have proposed new taxes of a sort that haven’t appealed even to traditionally liberal, tax-hungry state legislatures in states like Massachusetts and Washington.
Kelley Williams-Bolar is a felon in the state of Ohio. A jury recently found her guilty of fraud and forgery, but prosecutors could not make the case for grand theft.[...]