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September 4, 2008 Greg Rehmke Program Director, Economic Thinking, E Pluribus Unum Films in a lively conversation Price Shocks, Technology, and the Journey to the Center of the Earth The 2007-2008 jump in oil prices is hurting most people and puts a drag on the economy, but high prices are also stimulating innovation across a wide range of energy producing and energy consuming fields.  But though politicians jump in with billions of subsidies and tax credits designed to advance technology, real advances usually emerge from cross-disciplinary experimentation and innovation by alert entrepreneurs.  We can't predict who the next Wright Brothers will be, but we have much historical experience. Lots of people love to tinker with technology, and high oil prices spur wealthy gadget lovers to pour capital into diverse promising ventures.  Electric cars may or may not be an economically sound technology, but wealthy innovators in Silicon Valley will try things that GM and Ford probably will not. Greg Rehmke is program director at Economic Thinking, a program of E Pluribus Unum Films, a Seattle nonprofit.  He's a consultant with the Foundation for Economic Education. He directs FEE's programs for high school and home-school speech and debate students. This fall over 5,000 high school and home-school students are expected to attend FEE Seminars and guest talks organized by Mr. Rehmke. He has a degree in economics from the University of Washington. He's worked for the Institute for Humane Studies, the Reason Foundation, and other market-oriented organizations.  He's the co-author of The Complete Idiot's Guide to Global Economics. He's a regular contributor to DailySpeculations.com. He also manages www.EconomicThinking.org. He writes and speaks regularly on economic development, technology and environmental issues. He last spoke at Junto in August 2004. For more information on this Junto event, including time, location, and other features of the meeting see the September Junto page.

Celebrations of Ayn Rand's 100th, 101st, 102nd, 103rd, 104th and 105th birthdays Memorial for John Perry, a NYC police officer & Junto attendee, lost on 9/11 Charles Adams Dennis Ainsworth Bruce Ames June Arunga George B.N. Ayittey John Baden Michael Balboa Sallie Baliunas Randy E. Barnett Caroline Baum Tom Bethell Robert Bidinotto Terry Blodgett David Boaz Donald J. Boudreaux James Bovard Bill Bradford Barbara Branden Harry Browne David Ciocca Tyler Cowen Eugene R. Dattel James DeLong Francis X. Diebold Tom DiLorenzo Richard Ebeling Marty Edelston Ivan Eland Marsha Familaro Enright Richard Epstein Harold Evans Peter Ferrara Thomas Fleming Murray Franck Judge Marvin Frankel "Benjamin Franklin" David Friedman Jeffrey Friedman Patri Friedman Marshall Fritz Michael Fumento John Fund Arthur E. Gandolfi John Taylor Gatto Scott Douglas Gerber Henry Gifford George Gilder Mike Godwin Bettina Bien Greaves Gary Greenberg Aubrey de Grey Martin Gross Dan Grossman Thor Halvorssen Milo Hamilton Robin Hanson Dean Hazel Stephen Hicks Robert Higgs Jeremy Hildreth Erica Holzer Gary Hoover Jacob G. Hornberger Peter Huber Edward L. Hudgins Jeffrey Rogers Hummel Jerome Huyler Mitchell Jones Stephen Kagann Steve Keeley David Kelley Laurel Kenner Saul Kent Yasuhiko Genku Kimura Thomas L. Knapp Alan Charles Kors Richard Kostelanetz Lawrence Kudlow Steven Landsburg Sarah Lawrence Pierre Lemieux Jules Leopold Peter Lewin Marty Lewinter Will Lewis Carl Liedhom Seth Lipsky Felix Livingston Herbert London John R. Lott Jr. Cathy Luchetti Tibor Machan Marisa Manley Steve Mariotti Stanley Mason Megan McArdle Bill McCarthy John McCormack John L. McCormack Wendy McElroy John McGinnis Lawrence McQuillan Gabriella Megyesi Perry Metzger Jeffrey Miron Stephen Moore Deroy Murdock Robert Murphy Charles Murray Victor Niederhoffer Walter Olson Jane Orient Roger Pilon Virginia Postrel Benjamin Powell Jim Powell Ronald Radosh Douglas Rasmussen Greg Rehmke George Reisman Kenneth Rendell Adam Robinson Arthur Robinson Jim Rogers Michael Rothschild Candida Royalle Linda Russell Robert Schrade Jack Schwartzman Todd Seavey Larry Sechrest Hans F. Sennholz Amity Shlaes Tim Slagle Susan Slyman Fred L. Smith Jr. David Ramsay Steele Brett Steenbarger Richard W. Stevens Stephen Stigler John Stossel Michael Strong Jacob Sullum Alexander Tabarrok Joan Kennedy Taylor Peter Thiel Frank Tipler William Tucker Jesse Walker George Walsh Peter Lamborn Wilson Stephanie Winston Jim Wynne