A Free Market for Energy

While reading [http://www.house.gov/paul/congrec/congrec2006/cr040506.htm]this essay on Iran[/link] by Republican Congressman Ron Paul of Texas, I was struck by his mention of “those who don’t understand how a free market can develop substitutes to replace diminishing resources.” Thinking over what he might have meant by that phrase, it occurred to me that in fact we do not […]