There currently is much discussion about the state of the Social Security System. Some are advocating radical change such as privatization of the system. These calls are met with concern that nothing like that has ever been done. Even if we ignore the success of other countries that have privatized this remnant of paternalist government, we need to look no further than the Texas coast for an example of successful privatization.
Energy & Environment
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem
Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...
February 12, 2026