CEI Today: Peak oil fallacy, Windsorgate ensnares another EPA official, and the myth of UK austerity
ALTERNATIVE ENERGY - BILL FREZZA
Huffington Post: Belief In Peak Oil Logically Implies Failure Of Alternative Energy
One of the most persistent beliefs among proponents of alternative energy is that we are in danger of running out of fossil fuels. [But this] ignores the role economics plays in shaping supply and demand, it completely discounts the power of human ingenuity to come up with novel ways to solve problems, and it has been repeatedly refuted by the facts.
Next time you hear a Peak Oil alarmist prophesying doom, calm him down by pointing out that if natural energy resources were to ever run dry, we would already be living in an alternative solar-windmill-algae cheap energy nirvana. > Read the full commentary
LESSONS FROM BRITISH AUSTERITY - HANS BADER
Openmarket.org: The Myth Of British Austerity, And Why It Was Concocted
Opposition to spending cuts in America has been based heavily on “the myth of British austerity,” even though “if the British government is practicing austerity it is hard to see,” since government spending still consumes half of Britain’s GDP, and government spending there is virtually unchanged. > Read the full commentary
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