A nice piece by our own Robert Bradley, author of the splendid Energy: The Master Resource. “
Little has changed in the 75 years since Spanish philosopher José Ortega y Gasset wrote, “In disturbances caused by scarcity of food, the mob goes in search of bread, and the means it employs is generally to wreck the bakeries.”
Revised for the crisis du jour, that sentence would read, “Whenever the price of oil jumps, the first thing the people’s congressmen do is demonize and punish Big Oil.”
