Friday, January 27, 2012

Akernomics 101

So-called fossil fuels? Piers Akerman may be onto something here.

The market must decide the support for ethanol-blended fuel — not the government, not monopolies and not urban Laborites and Greens determined to punish users of so-called fossil fuels.

The concept of ‘fossil’ fuels is clearly only a construction of Teh Left.

It follows therefore that fuels is just fuels. Whether so-called fossil fuels, or so-called biofuels.

The spurious distinction does, however, beg the question why Piers thinks the market must determine ‘support’ for one or the other.

Offhand the only answer I can think of is that the market is frightfully good at that sort of thing, and it would be a pity to under-utilise it.

It’s simple Akernomics.

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