Wednesday, October 15, 2008

Energy II

Solar, oil, wind... sounds like the Pickens plan.

Or what Mark Warner campaigned on during his Pres run, which was brilliant.

Now I only minored in economics, and mathematical economics at that, but it seems to me the best way to stimulate the economy is to go the R&D route and change the rules of the game. It shifts the aggregate curves and makes things better for us on the whole.

OK Mac, offshore drilling now will have no effect for 10 years. Might reduce prices for three weeks, but no more. It's not anything beyond a stunt. Ask anyone who minored in economics (or just suffered through Econ 101 with Haulman).

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