A new book entitled The False Promise of Green Energy (Cato, 2011) warns that the government’s campaign to promote green energy is built upon a mountain of wishful thinking, misleading accounting, and bad economics. Andrew Morriss, one of the book’s several co-authors, contends that the case for green energy has somehow managed to escape critical examination. Kate Gordon, on the other hand, argues that experiences at the state level and in other countries, as well as a number of reports and studies on the potential for job creation in the green economy, demonstrates that the political faith in green energy is well-founded.
Featuring Senator Jeff Flake (R-AZ); and Bill Watson, Trade Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.