The Multiple Distortions of Wind Subsidies Producers get so much from the government that they can pay utilities to take their power and still make a profit. By PHIL GRAMM as appeared in Wall Street Journal on December 25, 2012 Federal subsidies for new wind-power generation will end on Dec....
This election will test the relative power of private-sector aspirations versus public-sector dependence. By Phil Gramm and Mike Solon as appeared in Wall Street Journal on October 18, 2012 Since World War II, the five incumbent presidents who were re-elected enjoyed an economy where the unemployment rate averaged 5.4% in...
By Phil Gramm and John Taylor as appeared in Wall Street Journal on September 12, 2012 Since mid-September of 2008, the Federal Reserve balance sheet has grown to $2,814 billion from $924 billion as it purchased massive amounts of U.S. Treasurys and mortgage backed securities. To finance those purchases the...