Friday, January 05, 2007

Do We Have the Energy?
Hopefully, this (hat-tip to Greg Mankiw) coupled with this, means that our economy will survive when Saudi Arabia and Iran ignite the Middle East in their battle for the Caliphate.

Of course, I support a Pigovian Tax (check out Prof Mankiw's Pigou Club) as opposed to tighter CAFE standards.

1 comment:

Pigou Club said...

I hope the phrase "Of course, I support a Pigovian Tax" will get more common. :)