http://www.cato-unbound.org Big Ideas for a Better World Wed, 10 Mar 2010 03:24:11 +0000 http://wordpress.org/?v=2.9 hourly 1 http://www.cato-unbound.org/archives/november-2006/comment-page-1/#comment-56565 Energy deregulation article by AP writer Ryan Keith--free market failure or bad journalism? « ZenPolitics Tue, 24 Apr 2007 23:53:04 +0000 http://www.cato-unbound.org/archives/november-2006-majority-fools-irrationality-and-the-limits-of-democracy/#comment-56565 [...] But who are we kidding, really? This is the kind of issue where the vast majority of the population, at best, has a marginal understanding of the energy market. This reminds me strongly of the Cato series in November 2006 on the potential failings of Democracy. In that series there was some discussion about how a voter can possibly understand many of the pertinent, complex issues facing the citizenry today. I would argue that energy markets fall into such a category. The price of energy is one of the most important issues in our day-to-day lives, but many people will base their votes in upcoming elections on, for example, religious issues such as homosexuality, or vote without research, or vote solely based on biased sources. [...] [...] But who are we kidding, really? This is the kind of issue where the vast majority of the population, at best, has a marginal understanding of the energy market. This reminds me strongly of the Cato series in November 2006 on the potential failings of Democracy. In that series there was some discussion about how a voter can possibly understand many of the pertinent, complex issues facing the citizenry today. I would argue that energy markets fall into such a category. The price of energy is one of the most important issues in our day-to-day lives, but many people will base their votes in upcoming elections on, for example, religious issues such as homosexuality, or vote without research, or vote solely based on biased sources. [...]

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