Investing — or Squandering — “the Energy Dividend” “A crisis is a terrible thing to waste.” –Stanford economist Paul Romer In the early ’90’s, politicians referred to the savings from reduced defense spending — made possible by the end of the Cold War — as “the Peace Dividend.” Thanks to the crashing price of oil (plus...Read More
$3 Gas (or Below) in the Twin Cities “The U.S. is funding both sides of the war on terrorism.” –Thomas Friedman, The NYT “Vuja de“: the distinct sense that somehow, something that just happened has never happened before. –George Carlin I saw it first at the St. Louis Park Costco Monday afternoon when I filled...Read More
