Mark J. Perry

Mark J. Perry is a professor of economics and finance in the School of Management at the University of Michigan–Flint. He holds two graduate degrees in economics from Virginia’s George Mason University and a Masters of Business Administration from the University of Minnesota. Readers may write him at 2111 Riverfront, Flint, MI 48502.

Most Recent Articles by Mark J. Perry:

Mandate destroys buyers’ freedom of choice; whacks the economy

Oct 8, 2017 — Mark J. Perry

FLINT, Michigan  — There is an old saying that those who don’t learn from the mistakes of others are destined to repeat them.

Before Congress finalizes ill-conceived fuel economy standards that would almost double gasoline mileage by 2025, while boosting costs of the average vehicle by some $3,000 and pricing millions of Americans out of the market, it could learn a lesson from a similar misguided experience 40 years ago.

In the late 1970s, President Jimmy Carter, citing a need to reduce U.S. dependence on OPEC oil, mandated a 53 percent increase in fuel economy over seven years.

Trump should dump EPA’s onerous MPG mandate

Dec 18, 2016 — Mark J. Perry

FLINT, Michigan — One of the boldest chapters in American policymaking is about to begin.  It appears that the Trump administration is going to roll back President Obama’s energy and environmental agenda.

One of the first measures likely to go is Obama’s lofty fuel economy standards that call for 54.5 miles per gallon for new cars built in 2025.

Wind is an even bigger boondoggle than ethanol

Oct 24, 2016 — Mark J. Perry

FLINT, Michigan—Before we become too hopeful about the prospects of using offshore wind power as a fuel source of the future, let’s not forget that government data shows that offshore wind power cannot survive in a competitive environment without huge taxpayer subsidies.

Today wind power receives subsidies greater than any other form of energy per unit of actual energy produced.

Sen. Lamar Alexander (R-TN), a key member of the Senate Appropriations Committee, says that public subsidies for wind on a per megawatt-hour basis are 26 times those for fossil fuels and 16 times those for nuclear power.

Nuclear power is our safest, most efficient energy form

Feb 1, 2016 — Mark J. Perry

FLINT, Michigan—Despite competition from cheap natural gas and taxpayer-subsidized wind and solar energy, nuclear power has no equal.

Among sources of electric-power generation, it dominates the production of carbon-free power, and is likely to do so well into the future.

EPA’s new regs will cost U.S. about 1.4 million new jobs annually; hammer auto, oil sectors

Sep 10, 2015 — Mark J. Perry

FLINT, Michigan—In recent months, the Environmental Protection Agency has proposed a laundry list of mandates designed to implement President Barack Obama’s “climate action plan.”

Market-driven clean energy trumps ham-handed EPA rules

Nov 7, 2014 — Mark J. Perry

FLINT, Michigan—Is there any doubt there are already simply too many environmental regulations? 

A recent government report found that the total regulatory costs in the United States amount to almost $2 trillion annually, twice as much as all individual income taxes collected each year.

EPA’s draconian mileage rule hobbles economy, strait-jackets consumer choice

Feb 28, 2014 — Mark J. Perry

FLINT, Michigan — At a time when many people have put off buying a new-model car until the economy improves, the last thing we need is a stringent government regulation on fuel efficiency that will raise the cost of vehicles and make matters even more difficult for consumers.

RFS subsidies unneeded as sales of cleaner diesel and gas vehicles surge

Oct 25, 2013 — Mark J. Perry

FLINT, Michigan — How did we reach the point where the government is promoting a dreadful fuel that gets worse fuel economy than gasoline or diesel, drives up food prices, damages car engines and has unintended environmental consequences?

Misguided carbon-tax proposal will hobble our already sluggish economy

Aug 17, 2012 — Mark J. Perry

FLINT, Mi. — Even if a carbon-tax could significantly reduce greenhouse-gas emissions, should it be implemented if it would undermine the economic recovery and stall short-term growth?

Huge subsidies give American taxpayers high-voltage shocks

May 24, 2012 — Mark J. Perry

FLINT, MI. —It’s tempting to call the shameful taxpayer subsidy for electric cars — vehicles that are unaffordable for all but a small, elite number of wealthy Americans — this nation’s costly little secret.

Obama’s misguided strategy is costing millions of jobs and sabotaging an economic recovery

Jan 12, 2012 — Mark J. Perry

FLINT, Mi. —Kicking the can down the road, as President Obama did in delaying a decision on construction of the Keystone XL oil pipeline from Canada to Texas, certainly pleased the green lobby.  But it did absolutely nothing for jobs creation.  Nor did blocking access to new federal offshore areas for oil and natural gas drilling produce any jobs.

Pipe (Line) Dreams

Sep 16, 2011 — Mark J. Perry

FLINT, Mi — While European and Asian countries have become increasingly dependent on oil imported long distances from politically-volatile regions of the world, the United States has its own supplier right next door in Canada.

Big Oil is an easy scapegoat, but it has little to do with pump prices

Jun 13, 2011 — Mark J. Perry

FLINT, Michigan — Every time the price of gasoline shoots up, the U.S. finds itself in the same plight, yet we never learn from it.  Before we make the mistake of blaming oil companies for high prices, we should consider who the real culprits are.

EPA’s pending new restrictions on carbon emissions side-step Congress and hamper the nation’s econom

Dec 20, 2010 — Mark J. Perry

FLINT, Michigan — Our nation is in a high stakes race with China to develop clean energy technologies but we are falling behind.  It may be hard to remember now, but we surprised the world years ago by overtaking Russia in the space race, and we can surpass China now if we make some small but important changes in government energy policy.

Funding electrics is a battery-dead idea

Jul 27, 2010 — Mark J. Perry

WASHINGTON, D.C. — In the current hype about electric vehicles, too little attention has been paid to the checkered history of subsidizing alternative energy technologies.