The Economist

Dr. M. Ray Perryman is President and Chief Executive Officer of The Perryman Group www.perrymangroup.com. He also serves as Institute Distinguished Professor of Economic Theory and Method at the International Institute for Advanced Studies.

Carbon Confusion

The Environmental Protection Agency (EPA) released a Clean Power Plan proposal aimed at cutting carbon emissions from the nation’s power plants.  Reaction to the proposed rule has been all over the map (as expected).  Much of the heated response—both for and against—has been somewhat overstated (also as expected).  Here are a few salient facts. 

Entrepreneurial America

Every year, hundreds of thousands of new businesses are launched across the United States, generating an important source of jobs and economic activity.  While many of these don’t survive, the constant introduction of new firms, new ideas, and new opportunities is vital to continued economic success.  However, recently released data indicate that the rate of business formation has slowed. 

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