Why Life Is Not a Bowl of (Tart) Cherries

The crisis farmers are facing with plunging tart cherry prices takes us to big questions about tariffs and federal marketing agreements.

Venezuela’s Beer Problem

In addition to electricity, water, pharmaceuticals and supermarket items, Venezuela will soon have a beer shortage because of its foreign exchange policy.

Handy Ukraine Facts

When 2066 Americans were asked where Ukraine is located, as the dots on the following map show, the replies were rather scattered. While 16% of the respondents knew their geography, the rest were off by an average of 1800 miles. The redder…

Venezuela Has Cheap Gas But No Cars

At the official exchange rate, Venezuelans pay 5 cents a gallon for premium gasoline while the real price is closer to one half penny a gallon. The dark purple country at the northern tip of South America (below), Venezuela has the…

Cost and Benefit: Is the Air Ever Too Clean?

Implying that we cannot put a price on environmental responsibility, Maine’s Senator Edmund Muskie (1914-1996) once said, “Can we afford clean water? Can we afford rivers and lakes…which continue to make life possible…?…These questions answer themselves.” A recent article in the…

A Federal Subsidy: The Tesla Test

The trip in the  $101,000 Tesla Model S along part of the East Coast was supposed to be uneventful. With 2 ultra fast charging stations in Newark, Delaware and Wilton Connecticut, the power was available. For the 1/2 ton lithium…

How Government Helped and Helps Paul Revere

The year was 1800 when a 65 year old, Paul Revere said, “I have engaged to build me a Mill for Rolling Copper into sheets which for me is a great undertaking, and will require every farthing which I can…

Tuition Intuition

With tuition and student loans skyrocketing, the Obama Administration has urged colleges to charge less and Congress to lower the cap on monthly payments. Maybe though, they are targeting the wrong solution. One Bloomberg View columnist suggests that government subsidies…

Government’s Venture Capital

The Erie Railway went bankrupt multiple times. Primarily government funded, it originally connected 2 small NY communities and cost 4 times more than initial projections when it was completed in 1851.  Citing the financial woes of the Erie Railway, a…