With revenue-hungry Washington now considering regulating and taxing Internet gambling rather than crushing same, it would be nice to figure out whether we really want web gambling to go legit. To that end, The New York Times asked eight experts — Larry Ashley, Les Bernal, Annie Duke, Earl Grinols, John Kindt, Michelle Minton, Raymond Sauer and our own Robert Hahn — to weigh in on the subject. We know where we stand: the negative externalities seem manageable. But you might want to make up your own mind.
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Poker Party |
Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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