Britain Is Pricing Its Factories Into Oblivion

America's Energy Future Is Being Decided In Obscure Utility Commission Races Authored by Elizabeth Gianini via RealClearEnergy, Most Americans could not name a single member of their state Public Service or Utility Commission (PSC/PUC). Radical climate activists are counting on that. Across the country, radical climate activists and left-wing environmental organizations are pouring millions of dollars into obscure utility commission races because they understand something many voters do not: these commissions increasingly influence the future of America's electric grid. These regulatory bodies decide how electricity is generated, how transmission infrastructure is built, how quickly...

Welcome To The World's Largest Aircraft 'Boneyard': Where B-52s & F-16s Are Laid To Rest Authored by Allen Stein via The Epoch Times, They are the dinosaurs of the modern age—hulking retired aircraft baking in the Arizona sun, stretching in rows across the desert. Once America’s defenders of the sky—B-52 Stratofortress and B-1B Lancer bombers, F-16 Fighting Falcon fighters, C-130 Hercules and C-5 Galaxy cargo planes—they now sit idle, preserved for parts or history. Maintaining and reclaiming these aircraft is no small task at the nation’s only military aircraft “boneyard.” At Davis–Monthan Air Force...

Artificial Intelligence, Real Misallocation Authored by Peter C. Earle, Ph.D, Artificial intelligence may well be the most important technological development of the coming decade-and that is exactly why the current capital surge around it warrants skepticism. History is littered with transformative innovations that were nonetheless disastrously overbuilt and mispriced in their early phases. Austrian Business Cycle Theory was never a children’s story in which every boom ends with clowns, ashes, and worthless machinery; its real claim is subtler and nastier. When the price of time is falsified-when interest rates are pushed...