Of course, the first thing we tend to think of, with good reason, when someone mentions energy, is energy that would power cars. Next, we think of electricity, and home heat. Since energy is comprises about half our trade deficit, it is fair game for this blog. Before one can be serious about discussing "alternative" energy sources, one must first be able to answer this question: 

"I am not programmed to warn against windup dangers." ~ B9

The fundamental hypocrisy of elitist economists is that while they expect us to accept their counterintuitive proposal that increased foreign competition will ultimately make our lives better, they stubbornly refuse to entertain the equally counterintuitive notion that higher wages will ultimately make their lives better. This is so despite the indisputable fact that history sides with the latter, and against the former.

TD

Nobody has rights unless everybody has rights.

A thief is always the lowest bidder.

"Here I stand with my bayonets, and there you sit with your laws. We'll see which prevails." ~Adolph Hitler

"The reason we've been taught there are always easy answers is so we never ask the hard questions.” ~ Buddy Roemer

The second biggest problem with consequentialism is that one cannot know what the consequences will be until AFTER he acts.

TD

This video, posted in April, has apparently gone viral recently. Nonetheless, it presents a false dichotomy. There are other economists whose ideas worked better than either of these guys, namely, Alexander Hamilton.