In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring Alan Pisarski, Author, Commuting in America; Gabriel Roth, Editor, Street Smart; and Randal O’Toole, Author, The Best-Laid Plans and Senior Fellow, Cato Institute. Moderated by Peter Van Doren, Senior Fellow and Editor, Regulation, Cato Institute.
The Obama Administration admits that one of its environmental goals is to “coerce people out of their cars.” The administration’s “behavior modification” plans would spend more tax dollars on high-speed rail and transit, leaving highways increasingly congested and dangerous to use.
This forum will present alternatives focused on customer-driven transportation funded by user fees, not taxes. Please join authors Alan Pisarski, Gabriel Roth, and Randal O’Toole to learn how reducing the environmental impacts of mobility without reducing mobility itself is less costly and more successful than efforts to change people’s behavior.