Tag: MIT

The following is IER’s response to the National Journal Energy Insiders question, “Is the (Energy) Price Right?“ Especially since the breakup of the Soviet Union, Western intellectuals and government officials have acknowledged the flaws in top-down central planning, and have paid lip service to the wonders of a decentralized market process in determining prices and […]

Often in the policy debates on government regulations, you will have free-market people decrying inefficient impediments to business, while the other side will tout the (alleged) benefits to the environment or whatever the social goal happens to be. Yet a new MIT study—from a group that is very sympathetic to carbon regulatory policies—documents how inefficient […]

  Back in May, we posted a critique of a Center for Agricultural and Rural Development (CARD) study that purported to show how ethanol mandates and subsidies had held down gasoline prices for American motorists. We pointed out that despite its fancy bells and regression analysis, the study—which was touted by the Renewable Fuels Association […]