Independent Communications Consultant Jessica Sena and research fellow Isaac Orr give the The Heartland Daily Podcast listeners the information they need to debunk advocates of this policy, which is impossible to accomplish from a practical standpoint, and incredibly expensive. “Keeping it in the Ground” will lead to higher prices for low income families in the developed world, and premature death in developing nations.
Recently, my patients with commercial insurance were paying $15 out of pocket per vial for analogue rapid-acting insulin. A Medicare patient was paying $40 per vial for the same insulin until she entered the “donut hole,” at which point her price went to $102 per vial.
Nevada’s public utilities watchdog appears to be refereeing the impasse between Warren Buffett-owned NV Energy and several Nevada casinos with the expertise and objectivity of a professional wrestling referee. This brings up a question: Why is the Nevada Public Utilities Commission giving away the candy store to out-of-state (and misnamed) NV Energy while vindictively sticking it to Nevada’s largest job creator?
Like it or not, lawmakers’ decisions have a large effect on our everyday lives. From increasing the cost of a car people need to take their children to soccer practice or go to work, to restricting job opportunities using occupational licensing rules (which reduce the supply of providers and raises prices), lawmakers’ actions have a serious and quantifiable effect on how much Americans pay for the things they need and want.
It is important to note that falling oil prices create economic costs as well as benefits. But The Badger Herald article would have benefited from a discussion of the good that comes from lower prices, and it relies on a quote from Bill Davis of the Wisconsin Sierra Club that presents some inaccurate statements about the environmental impact of hydraulic fracturing.
There is a growing body of research on the consequences of excessive land use regulation. The connection between excessive land use regulation and losses in housing affordability, has been linked to the doubling or tripling of house prices relative to incomes in places as diverse as Hong Kong, the United States, Canada, Australia, New Zealand and the United Kingdom.
Thanksgiving is nearly upon us, and many of us will spend time with our families eating too much food and strategically waiting for couch spots to open up so we can sneak in a quick catnap when our unsuspecting relatives abandon their posts for another slice of pie. It’s a time when we are thankful for the friends, family, and food. We should also be thankful for fracking. Although many people may not know it, fracking has lowered the cost of energy and other goods and services, makes America more energy-independent, and it is done in an environmentally responsible way.
Enjoying low gas prices? How long will they last? In this edition of The Heartland Daily Podcast, Dr. Bud Weinstein, Associate Director of the Maguire Energy Institute and research fellow Isaac Orr talk about the Keystone Pipeline and the factors that influence the global prices of oil.
Nevada’s casinos and the state’s largest electricity supplier are locked in an escalating conflict, but the Nevada Legislature can turn the impasse into a victory for both parties if it will merely restore economic freedom to electricity markets.
The media are, of course, almost uniformly Leftist – which means they just about always toe the Party line. Including the belief that in order to help the poor – government must perpetually grow. Of course we conservatives also want to help the poor – we just think shrinking government is the way to actually do it.
People have been moving away from Canada’s largest metropolitan areas (Toronto, Montréal and Vancouver) for the last decade, according to Statistics Canada 2004/5 to 2013/4 data. Internal migration includes moving by residents within provinces (intra-provincial migration) and between provinces (inter-provincial migration). This is in contrast to international migration, which is adding population to virtually all census metropolitan areas.
There is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the other members of the Fed’s Board of Governors have no idea what to do. Do they raise certain interest rates over which they have some direct influence? Do they keep them at their current rock bottom levels, as they have for the last six years?
Germany and the United States are embarking on two drastically different energy policies, and these countries are reaping dramatically different results. In Germany, the government devised a top-down plan called Energiewende, a term meaning “turn” or “revolution,” intended to make Germany the renewable-energy center of the world. The United States has experienced its own energy revolution thanks to hydraulic fracturing, also known as “fracking,” which has transformed our nation into the largest producer of oil and natural gas in the world in spite of, not because of, the federal government.
A little more than a year ago, oil prices were above $100 a barrel. The national average for gasoline was in the $3.50 range. In late spring, oil was $60ish and the national average for gas was around $2.70. The price of a barrel of oil has plunged to $40 and below—yet, prices at the pump are just slightly less than they were when oil was almost double what it is today.
More government means more expensive everything. Every second and penny spent paying government taxes and complying with government regulations – raises the prices of the goods and services people proffer.
Even with prices 40 percent lower than a year ago, we remain the world’s No. 1 producer of crude oil and other liquid hydrocarbons. Imports of oil have dropped from 60 percent of consumption to about 35 percent just in the past five years. We’re also the world’s largest producer of natural gas.
You may not have noticed it when out buying things in the marketplace in the context of your personal budget, but according to the Wall Street Journal (April 24, 2015) the world is awash with too much stuff. We seemingly have too much of, well, almost everything: too many raw material commodities, too much capital, and too much labor. The world, claims the Journal, is suffering from global gluts.
The Taxpayers Protection Alliance (TPA) published a report February 12, 2015 “Filling the Solar Sinkhole Billions of Bucks Have Delivered Too Little Bang”. The report summarized, “In spite of government’s best efforts to encourage innovation by solar energy companies and encourage Americans to rely more heavily on solar electricity, solar power continues to be a losing proposition…”
The headline line in the Sunday St. Louis Post-Dispatch asked “Are St. Louis Area’s Home Prices too Low?” This is could not possibly have appeared describing any major metropolitan area of Australia, New Zealand, or the United Kingdom. Nor will newspapers in Vancouver, Toronto, Calgary, Portland, Seattle, Boston, New York or in any of the overpriced markets of California decry low prices any time soon.