GM recently announced the closing of several auto plants in North America, primarily those that make large, gas inefficient vehicles. The news anchor began the segment with "Due to high gas prices..." Since everyone's blaming high gas prices for our woes these days, it begs the question "Whose fault are high gas prices?" Your driveway is the first place to look for answers. If your car gets bad mileage, that's probably your fault. Some luck, huh? After that, I blame "the invisible hand." This is the idea that when everyone follows their own self-interest in a free market, everyone ends up better off. Everyone is motivated to work hard and be efficient and produce goods that others want to trade for. Free markets do a fine job of producing wealth and prosperity, but they've really botched the energy situation. For all it's glory, the invisible hand has little strategic foresight. In the 1970s, we learned that America was vulnerable to high e
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