Californians devised a system of electricity sales that ignored every dimension of the free market.

People think the free market is a philosophy, they think that it is a creed. It is none of those things. Free market is a bathroom scale, it is a measuring tape, it's simply a measurement.

There is no free market for oil.

Global warming is a fact. Now it's up to liberals to make it a reality. Hence there is crucial importance in preventing powerful, greedy free market forces from getting in the way of worsening storms and rising sea levels. The Kyoto Accord is a good first step.

There is no free market for oil. It's controlled by a cartel, OPEC.

People say free trade causes dislocation. In actual fact, it's the lowering of trade barriers that causes the dislocation.