Even the Indians are noticing. \u00a0We got away with abusing our position as the world’s reserve currency in the late 60s and 70s, mostly because there weren’t any alternatives. \u00a0Our GDP was then, as it is now, about 25% of the world’s output. \u00a0But despite a challenge from Japan, the Yen was never going to […]<\/div>\n<\/li>\n

Drawing some different conclusions: Indeed, once we acknowledge the shale gas case as a government success, not a failure, it offers a powerful basis for reforming present clean energy investments and subsidies. Federal subsidies for shale gas came to an end, and so should federal wind and solar subsidies, at least as blanket subsidies for […]<\/div>\n<\/li>\n

Sadly, not on the court, but in court: Virginia\u2019s Supreme Court ruled Friday that the University of Virginia cannot be compelled to provide information in investigations under the state\u2019s Fraud Against Taxpayers Act because the university and other state agencies are not considered \u201cpersons\u201d under the act. The ruling ended Attorney General Ken Cuccinelli\u2019s high-profile […]<\/div>\n<\/li>\n<\/ul>\n