A.C. Pigou, public choice economist, on the use of government

Michael Giberson At the end of a comment on Windfall, a new documentary on the effects of wind power development on a community in upstate New York, Michael Munger pulls out the key Pigou quote. Pigou is relevant because the best possible case to be made for subsidizing wind power production involves correcting for the … More A.C. Pigou, public choice economist, on the use of government

LNG exports, the view from the Brookings Institution

Michael Giberson The Brookings Institution’s Energy Security Initiative has been looking at the changing natural gas market including, among other things, potential issues surrounding LNG exports from the United States. Overall it looks like reasonable stuff. But one claim made in a recent Brooking report [pdf], highlighted in a Wall Street Journal article today, had … More LNG exports, the view from the Brookings Institution