Energetic Protectionism

by Don Boudreaux on April 2, 2011

in Not from the Onion, Trade

University of Chicago economist Allen Sanderson offers this proposal both to reduce Americans’ dependency on foreign-produced energy and to revitalize Detroit.  (HT Dan Polsby)

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{ 10 comments }

Rick Weber April 3, 2011 at 12:45 am

A new candle makers’ petition! Fantastic!

Chuclehead April 3, 2011 at 12:52 am

I run on cocoa and tea. The Ivory Coast threatens my prosperity.

dan April 3, 2011 at 2:00 am

Great Idea!! Bulldoze the city and allow for MI to become a farming community. They could produce the products needed for the states who allowed for the use of special medicinal herbs. Heck, more corn for the ethanol that will forever save us from the high pollutants of oil. The Pontiac Silverdome could be retrofitted with a translucent roof for winter crop growing along with an investment of hundreds of green houses. Tea, Cocoa beans, etc.,……whatever has the highest market value at the time.

John S. April 3, 2011 at 7:53 am

Excellent proposal, but I thought it lacked one element. Growing coffee in Detroit’s climate will be a bit energy intensive. I propose we power the whole operation with solar energy, thereby creating even more “green jobs”. Of course, given the cost of solar energy this will require massive subsidies, which my administration will award in a fair and open competition among its major campaign contributors.

dan April 3, 2011 at 3:28 pm

The windmills will power it all. Best yet, Govt funding will help to reduce the pricing for consumers. Oh, that magical never ending govt funding. Where do they get all of that money? Eh, that’s not important, right now. Obama’s secret stash.

kyle8 April 3, 2011 at 8:31 am

Hilarious. Unfortunately I think there are many who would beleive this a real proposal and be in favor of it. Some of then are in the administration.

Andy April 3, 2011 at 8:38 am

I bet you can do like a Sokal Hoax and get some politicians to take this seriously.

W.E. Heasley April 3, 2011 at 9:07 am

Allen Sanderson’s proposal seems very “fair” and “the right thing to do”. Further, Sanderson makes the most excellent point that all economic decisions should in fact be based on “the way things ought to be”.

By basing centrally planned economic direction aka stimulate economic development upon concrete and empirical concepts of “fair“, “the right thing to do“, and “the way things ought to be“, the equality of outcomes is clearly stated by Sanderson: jobs, jobs, jobs!

The TOCC initiative (tea, orange, coffee, coca) needs a catchy tag line with a famous protectionist-central planner’s name and central planner’s robust economic results. A hallmark of sorts.

Hmmm. Got it!

The Jennifer Granholm’s Eight Year Plan to Economic Success! Known by the acronym U812. Plus the Canadian beauty pageant queen aka grand-home-collectivist-at-large has this seven minute video clip for use in getting the ball rolling!

http://www.truveo.com/obamas-stimulus-plan/id/399849453

Miss Jennifer? Longing for grand economic plans? Miss the shingles? Not to fret. Jennifer is teaching at Berkeley. Go figure!

Orlin in Marquette April 3, 2011 at 3:15 pm

“Cash for Coffee” stimulus program. And until those beans can be picked by American workers who are paid a living wage, have great health care benefits, 40l(k)s and union representation, this will call for shared sacrifice.
So coffee will cost $95.00 a pound ~ no?

David E. Shellenberger April 3, 2011 at 8:13 pm

We already have “cream and sugar independence,” thanks to protectionism. We pay higher costs as a result, but avoid the burden of, well, lower costs.

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