Ma Bell had a monopoly in long-distance calls when Charley’s Angels dominated prime time; Standard Oil came close in oil, long before any of us were born. Almost everybody applauded when they were broken up – and lots of folks groaned when Microsoft, another gigantic corporation that cast a very …
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Years ago, one of us (Hahn) helped write a “friend of the court” brief for the U.S. Supremes in a case called Granholm v. Heald [Download Here], in which out-of-state wineries challenged state laws that discriminated against direct shipments to in-state consumers. Six high-profile economists, … By Robert Hahn, Peter Passell | Tags: Daniel McFadden, George Akerlof, Massachusetts, U.S. Supreme Court, Vernon Smith | Category: Alcohol Regulation |
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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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