Bonus Quotation of the Day…

(Don Boudreaux)

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… is from page 34 of economists Phil Gramm’s, Robert Ekelund’s, and John Early’s superb 2022 book, The Myth of American Inequality: How Government Biases Policy Debate:

Texan George Mitchell, who invented fracking, combined several existing technologies to make oil and natural gas cheaper for the whole world while reducing carbon emissions as natural gas replaced coal in power generation. He received so small a share of the value he created that he deserves to be considered one of the great public benefactors of the twenty-first century.

DBx: Indeed so!

Pictured here is George P. Mitchell.