The National Science Foundation (NSF) is “an independent federal agency created by Congress in 1950 ‘to promote the progress of science; to advance the national health, prosperity, and welfare; to secure the national defense.’” It can now add “fund plays on climate change” to that list. The New York Times …
This week, National Journal hosted an energy, environment, and economic policy summit on the Renewable Electricity Standard (RES). Participants included Sens. Mark Begich (D-AK) and Sam Brownback (R-KS); Dr. Robert Simon, the Majority Staff Director of the Senate Committee on Energy and Natural Resources; David Friedman, the Research Director of …
A new report by the Energy Policy Institute, in collaboration with the American Council on Global Nuclear Competitiveness, titled “Economic and Employment Impacts of Small Modular Nuclear Reactors,” investigates how four separate scenarios of small modular reactor (SMR) construction could affect the U.S. economy. Growing interest and discussion surrounding the …
Claim Check, which supposedly fact checks public statements, employs the different-must-be-wrong-theory in dismissing a Heritage analysis because it is an “outlier.” It seems that many forecasters in Washington are more afraid of being alone than they are of being wrong. That is, they would rather be wrong with everybody else …
Great Britain’s most prominent scientific body significantly softened its position on global warming after 43 of its members complained that the previous position did not take into account dissenting evidence. Although the Royal Society’s climate change guide still asserts that greenhouse gas gases resulting from human activity contributes to warming, …
Small business is the backbone of our economy. They create new jobs, employ half of the private sector workforce, and represent 99.9% of the businesses in this country. In recent years, small businesses have created 7 out of every 10 private sector jobs. In tough economic times, the government should …
The economic theory of “creative destruction” is important when understanding the value innovation has on long-term economic growth. Popularized by Austrian economist Joseph Schumpeter, the theory says the short and long-term benefits of entrepreneurial activity and competition will far outweigh the short-term losses caused by a new product replacing an …
