Quote du jour

In Vietnam, still run by the Communist Party, the very selective national university is offering free tuition to anyone who signs up for the university’s curriculum in Marxism. They’ve had to offer free tuition because no students have been signing up for these courses, as in zero. I can’t help but be amused that the market-clearing price for courses in radical philosophy is lower in a Communist university than in American universities.

-Steve Hayward

Quote du jour

Total federal subsidies in fiscal year 2007 were $24.34 per megawatt hour for solar-generated electricity and $23.37 per megawatt hour for wind, compared with $1.59 for nuclear, $0.67 for hydroelectric power, $0.44 for conventional coal, and $0.25 for natural gas and petroleum liquids.
In fiscal year 2010, the subsidies were even higher. For solar power, they were $775.64 per megawatt hour, for wind $56.29, for nuclear $3.14, for hydroelectric power $0.82, for coal $0.64 and for natural gas and petroleum liquids $0.64.

-Steve Hayward