Emotion is triumphing over reason…and Zachary Yost sees this as a root our ills in American discourse. He joins the podcast to talk about the Free Society Fellowship, iliberal movements on the right and left and also to prescribe a fix to this race to the bottom: shrink the power of the federal government.
Before President Trump pulled the United States out of the Paris Climate Agreement on Friday, corporations such as Apple, DuPont, and Google voiced their desire for the U.S. to stay.
An open letter to Trump signed by 16 leading companies says that U.S. businesses are “best served by a stable and practical framework facilitating an effective and balanced global response” to climate change. Many of these companies, however, are missing out on one important detail: They don’t need the government to push them toward renewable energy.
Read the rest at: The Daily Caller
Good politics and bad economics have been on display in British political conversations as the parties release their manifestos for the upcoming elections. Prime Minister Theresa May’s suggestion that energy prices be capped and migration controls strengthened was outstripped in economic foolishness only by Labour’s £48.6 billion tax increase and their proposal to nationalize the National Grid.
These proposals ignore economic realities and reflect a complete misunderstanding of how markets work – even markets for goods as vital as energy.
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