Doug's article was interesting. He critiqued the notion of pricing the earth, the advocates of which say that we can just open up a market and bet on the unknowns of the environment. We did that in California. People could take out earthquake insurance. When the claims turned out to be too high, the state came in an bailed out insurers and limit claims. What a country! -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 916-898-5321 E-Mail [EMAIL PROTECTED]
