The Rise and Fall of the Gold Standard in the United States
There is, in informal discussions and even in some academic writings, a tendency to treat U.S. monetary history as divided between a gold...
Energy, like other goods and services in the economy, should be left to consumers and entrepreneurs in the market, not “planned” by governmental bodies. In fact, the long history of U.S. oil, gas, and electricity regulation, taxation, and subsidization makes abundantly clear that shortages and energy crises are engendered by government intervention, not market failure.
