Peter Grossman is a professor emeritus of economics at Butler University and the author of the 2013 book, U.S. Energy Policy and the Pursuit of Failure. In this episode, Grossman recounts five decades of bad policymaking in the U.S. including his list of the worse efforts (synfuels, price controls, and corn ethanol) how members of Congress are motivated by the “do something dilemma,” and why California is the “poster child for failure in energy policy.”