With the European Parliament elections coming this June, I thought it’s time to dig out the analysis that convinced Nigel Farage to work with me on Fortune & Freedom five years ago. Despite the absence of Nigel’s rather large contingent of eurosceptics, the upcoming European elections offer the first real chance of functional opposition to the European Commission’s flood of directives.
Open an introductory Economics textbook and one of the first things you’re likely to come across is a definition of what, exactly, Economics is. These tend to be short, for example, “The science of resource allocation” or “The study of production, exchange and consumption”.
My article about the equation that gives oil and gas a new lease on life created a flood of feedback. We dug into some of it yesterday. At the end I asked readers a question: given the shortfall of investment in green energy, “How will governments seek to solve the equation R + F = L?”