They Win Every Time

The Brotherhood of Oil: Energy Policy and the Public Interest

by Robert Engler
No doubt about it, the giant energy companies are talented survivors. Think of the crimes fairly or unfairly charged against Exxon and its six large “sisters”: collusion with Arab oil producers, strangling independent operators, withholding available supplies, spoiling the environment, offering bribes at home and abroad, sabotaging solar energy, and …

Revaluations II: Keynes’s General Theory

The General Theory of Employment, Interest and Money

by John Maynard Keynes
Like many economic classics, the General Theory of Employment, Interest and Money, published in early 1936, is an ill-organized, repetitious, and quarrelsome book. Save for occasional bravura passages on Egyptian pyramids, medieval masses for the dead, and the behavior of stock market speculators, the graceful English stylist of the Economic …