Christopher Coyne

Christopher J. Coyne (born 1977) is the F.A. Harper Professor of Economics at George Mason University and the Associate Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center. He also serves as the Director of Graduate Studies for the Department of Economics at GMU.

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Free Market Christopher Coyne

The economic ignorance of politicians and bureaucrats never surprises me, and the recent events concerning rising oil prices are no different. Recently Sen. Dick Durbin (D- Illinois) accused the oil industry of "gouging" the public stating "It's an increase directly attributable to profit-taking by the oil companies." EPA Secretary Carol Browner said "The oil companies . . . owe us an answer." So it went throughout the Clinton administration and Gore campaign, as spokesman after spokesman issued condemnations wrapped in fallacy.

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