Ron Paul on energy policy
DOI: 10.1063/PT.4.1066
Salon.com : On energy, I would say that the reliance on the government to devise a policy is a fallacy. I would advocate that the free market take care of that. The government shouldn’t be directing research and development because they are bound and determined to always misdirect money to political cronies. The government ends up subsidizing things like the corn industry to develop ethanol and it turns out that it’s not economically feasible. So, my answer to energy is to let the market work. Let supply and demand make the decision. Let prices make the decision. That is completely different than the bureaucratic and cronyism approach.
More about the authors
Paul Guinnessy, pguinnes@aip.org
