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Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal
This is just a sample of the content found on this website. Please visit the website to read the entire page. "Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal "I now know it is a rising, not a setting, sun" --Benjamin Franklin, 1787 Brad DeLong's Main Page Brad DeLong's "Light Weblog" Front Page Brad DeLong's "Heavy Weblog" Front Page Economics-Only Posts RSS Feed About Brad DeLong About This Website Weblog RSS feed Support this weblog Academic C.V. Email Order of the Shrill Egregious Moderation Economics Articles I Am Reading Audio and Video Scrapbook Dynamic Blogroll Read the comment policy... Look at the websites for this semester's teaching: Econ 101b: Intermediate Macroeconomics... Econ 210a: Introduction to Economic History... Brad DeLong's Weblog Archive Page « The Economist Gets a Base Hit Main When We First Saw the Grizzly, It Was Half a Mile Away Across a Meadow... » October 27, 2006 Greg Mankiw: For Higher Gas Taxes Greg Mankiw goes on the offensive against the the letters the Wall Street Journal editorial page chooses to publish: Greg Mankiw's Blog: Alternatives to the Pigou Club : Today's Wall Street Journal prints various letters in response to my oped on gas taxes.... [L]et me try to spell out more generally the alternatives from which we must choose.... [Y]ou most likely fit into one of these... categories. You deny the existence of these externalities [from pollution from auto emissions] as a type of market failure. Perhaps you think you live in a Coasian fantasy world where people bargain without transaction costs to reach efficient allocations. (Note: I am not suggesting that Coase himself thought we lived in such a world--he considered it only a useful thought experiment.) You recognize the externalities but you don't think the governmen" .... read entire page
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