Letters to MoneyWeek: A load of horse manure

A selection of letters sent into the MoneyWeek office, and their replies.

I'm a fan of capitalism, but I'm sure that not all problems can be solved by market forces. I've also seen a similar sentiment argued by yourselves at MoneyWeek. So imagine my surprise to find you printing an opinion piece from The Wall Street Journal suggesting "the great manure crisis of 1894 suggests a far better way to advance clean, affordable and safe energy; open competition on a level playing field" (issue 871). Mildly amusing, but it suggests the opposite.

There's no evidence that the manure problem was the driving force behind the adoption of motorised transport. It was probably more because feeding, housing and looking after a horse is hard work and expensive. But let's assume the "great manure crisis" was indeed responsible. Does that mean it's a good analogy for how to clean up our current energy system? A cursory bit of critical thinking suggests not.

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