Coming Soon...

An essay, of sorts, on the free market justification for public spending on new energy. Basic premise: Big Oil has a technoligical monopoly on Energy. The anticompetitive nature of the energy market is evident from the fact that Americans have been demanding new energy from the highest levels of government for over 40 years, but these demands have come to naught. The reason for the failure is the lack of economic force behind these demands. There is simply no viable consumer alternative to oil: We all want new energy, but can't afford to boycott oil to force a change. Hence, only government intervention will break this technological monopoly, and restore competition to the energy market.