I do favor oil tariffs similar to Blodget’s proposed gas tax (i.e., not a set amount, but adjusted over time to be the difference between the market price and a given price floor). But I favor them not as a means of raising revenue, but rather as a means of establishing a price floor. If oil importers raise their prices to be just below the set price floor, that might deprive the US government of revenue, but the price floor would remain – which is the important thing. Who gets the money from the high (imported) oil prices resulting from such a tax is less important to me than the existence of such prices – since it is higher oil prices (not federal revenue from an oil tariff or gas tax) that are necessary to spur conservation & alternative domestic sources of energy.
Detroit Decline & Fall:
St. George Tucker Lecture Notes:
Men against fire:
Science & Replication:
It would be deeply worrisome if the “Hockey Stick” were the rule, not the exception….
Biotech & Crop Research:
Perhaps we should mandate licensing of seeds, etc. to researchers, as a condition of patent rights.
Entitlement of the Cognitive Elite:
Incompetence of the Jedi:
Prosper.com Meets Mortgage Lending: