[quite a novel spin...]
http://www.foreignpolicy.com/story/story.php?storyID=138141
Irrelevant WTO
Protesters headed to Cancún in September for the World Trade Organization
(WTO) meeting are wasting their time. But, then again, so are all the
delegates. Why? Because the WTO doesn't actually do
[ New York Times ]
September 4, 2003
Sick and Suspicious
By BOB HERBERT
SAN JOSE, Calif. - While I.B.M. officials deny it, evidence is being
offered by stricken employees that unusually large numbers of men and
women who worked for the giant computer corporation over the past few
decades have bee
Nomi:
> PUHCA should not have been repealed. Doing so makes it
> less likely any energy or utility company will focus on
> low margin business like transmission.
Stated differently, this goes back to what Diane was claiming. Electric
power in transmission is a quasi-public good:
High fixed cos
What I still do not understand is how you can have a free market in electric
power provision. What is "free" about it ?
As far as I can see, electricity supply operates on the basis of a
guaranteed market and a more or less monopoly position, from which consumers
cannot withdraw, and in which they
>From a more unlikely source:
Wessel, David. 2003. "A Lesson From the Blackout: Free Markets Often Need
Rules." Wall Street Journal (28 August): p. A 1.
"The blackout of 2003 offers a simple but powerful lesson: Markets are
a great way to organize economic activity, but they need adult
supervis
Nomi writes: >Right. Deregulation with a) more responsible federal oversight and b) a
set of rules which would create a 'more robust transmission system'
equals regulation, period.<
I tell my students in Money & Banking that the regulation vs. deregulation debate is a
snare and a delusion. Rather
Right. Deregulation with a) more responsible federal oversight and b) a
set of rules which would create a 'more robust transmission system'
equals regulation, period.
There's no point in debating the free market argument for deregulation
while condemning its results. Doing so plays into the hands
After reading the edifying posts from David about how liberals are essentially
Communists, I thought I should let you all know about some more card-carrying members:
the Wisconsin Realtors Association! Here is something from their newsletter, which
I'd discovered courtesy of the Smart Growth Ne
(received from Rakesh)
http://www.waado.org/NigerDelta/Documents/Slavery/SlaveryandDevelopment-Inikori.html
Urhobo Historical Society
"The Atlantic World Slave Economy and
the Development Process in England, 1650-1850"
By Joseph E. Inikori, Ph.D.
University of Rochester, USA
A paper presented at
On Tuesday, September 2, 2003 at 22:04:44 (-0400) Michael Pollak writes:
>...
> There is a theoretical case for a deregulated electricity market. But
> making such a market work, it's now clear, requires at least three
> preconditions. First, it requires a robust transmission system, yet
>
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