“[T]here are, at bottom, basically two ways to order social affairs. Coercively, through the mechanisms of the state … and voluntarily, through the private interaction of individuals and associations…. Civil society is based on reason, eloquence, and persuasion, which is to say voluntarism. Political society, on the other hand, is based on force.”
– Edward Crane (quotation), founder, Cato Institute
The worldview for entrusting consenting adults with energy is, broadly speaking, libertarian. Consumers are more knowledgeable than government agents on what (energy) products are most valuable in terms of convenience, price, and reliability. And as experience has shown time and again, politicizing energy creates problems rather than solves them. Restated, there is government failure in the quest to address alleged market failures.
Obama’s GOVERNMENT
Arguments about energy also apply to health care, money and banking, and other pillars of the modern economy.…