Daily Archives: May 7, 2017

Are Alternative Energies Cost Effective?

“It’s a common mistake of politicians and the media to treat jobs as an economic benefit, when in fact, jobs are an economic cost or price of production. As Milton Friedman explained nearly 40 years ago, the appropriate economic objective is to have the fewest number of workers producing the greatest amount of output. When it comes to solar energy, we are employing a very large number of workers who produce a very small amount of electric power – a sure sign of economic inefficiency.” click here