There is Too Much Money in the System

Different manifestations of money are better understood than others. The paper bills in our wallets and the digits sitting in our checking and savings accounts at the bank are easily understood. Since the Financial Crisis, investors and market participants have had to...

Burning Money: The Harm and Waste of Gas Flaring

It’s a striking image: a line of stick-thin metal towers arrayed across oilfields, spewing fireballs that wave like orange flags against the blue sky. The towers, appropriately called flare stacks, burn the gas that is produced during oil extraction in a process...