NERA, a firm of consulting economists, has published a paper entitled, "Enron's Strategies in California and the Benefits of Arbitrage", that looks at whether Enron's activities were at all responsible for California's energy crisis. The short answer: nope.
Thursday, June 20, 2002
Krugman takes on Social Security privatization again in Friday's column, "Fear of All Sums". Krugman is correct, of course, that privatization advocates are fudging their numbers. I used to think that transitioning to personal accounts was a good idea. Now I just think we should repeal Social Security, period, and replace it with nothing.
10:37 PM
In "Socialism as the Solution", Arnold Kling proposes to turn control over baseball to local governments in order to prevent innovative changes.
12:10 PM
Wednesday, June 19, 2002
In "Burn the Rich", Ron Bailey discusses some recent experiments on envy by two British economists, Daniel Zizzo of Oxford University and Andrew Oswald of Warwick University.
6:57 AM
Tuesday, June 18, 2002 "Politicians on Drugs" is Paul Krugman's latest column, this time on competing prescription drug benefit plans being offered by the Democrats and Republicans. Exercise for students: before clicking on the link and reading the article, try to guess which plan Krugman likes better.
11:31 AM
