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Title: Checks And Balances: Why Not For Energy
Author: Wendell Ford
Source: American Gas Association 1982
Year Published: 1982
Abstract: This nations Capital is a place of many moods. So are its collective policy makers, power brokers and would-be movers and shakers. One prevailing mood around this town these days is a desire to get this countrys government back to the fundamentals. This is well and good-and probably as it should be. For example, a proper, yet-to-be developed return to federalism indeed is in order. However, all of us must guard against being carried away to extremes as witnessed by Adam Smith ties, an enshrinement of the good old days of Calvin CooUdge and supplyside, nothing-else-will-work, economics, In the rush to return to the basics, however, there is one fundamental thai is in danger of being ignored. And, if it is, it could lead ihe country down a path that may well have a point of no return.

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