Tag Archives: free market
Right wing and fossil fuel subsidies
Reuters reports: “The British government unveiled draft tax breaks on Friday to drive investment in shale gas production, in what it termed the most generous shale incentives in the world.” Oh dear. Another “right wing” government subsidising fossil fuels. What … Continue reading
Limited liability as a socialist phenomenon
Although limited liability is at the heart of capitalism, it is a socialist phenomenon. And, ironically, this socialist mechanism is at the root of many of the ills of capitalism. So weirdly, the socialists only have themselves to blame for … Continue reading
The ultimate gridlock
As reported in Environmental Finance (March 2012) over a hundred cases have been filed in the US courts against companies accused of causing global warming. Plaintiffs include states such as California and Connecticut, property owners and Eskimos. This is the … Continue reading