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Democracy or Socialism Authors: Explains where democratic socialism comes from, and how it has played out in Europe Uses the European socialist experience to draw a line into America’s future Answers the seminal question: when is government big enough, and what does that look like?see more benefits Buy this book Immediate eBook download after purchase Hardcover $109.99 Institutional customers should get in touch with their account manager This book discusses socialism and democracy. It approaches socialism not as a label but as an ideology...

Thursday, February 18, 2021 How Did a Cold Freeze Result in Texas Becoming the Venezuela of Supplying Energy to Local Customers? Venezuela, home to the world’s largest oil reserves, is a case study in how central planning can cause difficult to imagine economic failures. Starved of adequate investment and maintenance under central planning, Venezuelan oil output has declined to its lowest level in decades. This has led to output slumping in 2020 to as low as 339,000 barrels a day at one point. At its peak, Venezuela produced 3,453,000 barrels per day. Iran and Nigeria have had to supply Ve...

Wall Street Journal Editorial: How Bad Energy Policy Led To Rolling Blackouts In The Freezing Lone Star State

The state’s widespread electricity failure was largely caused by freezing natural gas pipelines. That didn’t stop advocates for fossil fuels from trying to shift blame.

Share: The severe winter weather that has paralyzed most of Texas created a public relations dilemma for the wind power industry, with reports that nearly half of the Lone Star State's wind turbines were frozen as a result of the abnormally cold conditions. As a result, some critics of renewable energy are using the frozen turbines to declare wind power — as well as the wider cleantech spectrum — to be unreliable and chiefly to blame for the massive loss of electrical power across Texas. Yet a closer look at the situation shows that while the frozen turbines should not have been disable...