WALL STREET JOURNAL ………….The authors of “From Black Gold to Frozen Gas” probably didn’t intend it, but they’ve provided grist for an epic miniseries. The new show would be a mash-up of “Succession” and the wildly popular 1983 series “The Thorn Birds.” But instead of the latter’s multigenerational saga about a farming family’s struggles in…
WALL STREET JOURNAL ……….. Apparently the swamp in Washington, D.C., is not a political but a bureaucratic mire. As Jennifer Pahlka writes in “Recoding America: Why Government Is Failing in the Digital Age and How We Can Do Better,” bureaucracy “bogs down our systems,” creating a chasm “between policy intentions and actual outcomes.” She believes…
WALL STREET JOURNAL ………. “The Impossible Dream” is the title of a new report on electric vehicles from the Manhattan Institute’s Mark Mills. After reading the particulars one wonders whether that title is too optimistic.
CITY JOURNAL ……….A dozen states have joined California and many countries in passing legislation to ban the sale of conventional cars and push everyone into electric vehicles (EVs), many within the decade. Similarly, in a feat of regulatory legerdemain, the U.S. Environmental Protection Agency has proposed emissions rules that would effectively require automakers to sell…
Global Interdependence Center CONFERENCE ……….. The putative title of my talk is “The Technology of Money” because most of this conference so far has been about crypto, but I don’t want to talk about the machines that facilitate finance – that facilitate transactions – that can trade wealth.
CITY JOURNAL ………….The financial sector is still roiling from the failure of Silicon Valley Bank. At the epicenter of factors triggering the collapse is the Federal Reserve’s strategy of hiking interest rates. This would be a good time to ask: How else might we tamp down inflation?