Appropriable quasi-rents, local governments, and state and federal renewable power policy

Michael Giberson State and federal policy provides substantial subsidies to renewable power producers, but just because the subsidies go to renewable power producers in the first instance doesn’t mean they receive the full net subsidy. Figuring out the exact distribution of the subsidy requires extensive additional analysis. For example, local governments are exercising their authority … More Appropriable quasi-rents, local governments, and state and federal renewable power policy

Horwitz reminds us that Classical Liberalism insists governments treat citizens as equal before the law

Michael Giberson Steve Horwitz argues that Classical Liberals have become so focused on the size and reach of government that they have lost touch with another important Classical Liberal project: promoting equality before the law. Part of the problem today is that an increasing number of libertarians lean toward the anarchist position.  When one’s whole … More Horwitz reminds us that Classical Liberalism insists governments treat citizens as equal before the law