October 2, 2008

Revised Bailout Plan: Ok, Now I’m Not Just Skeptical, I’m Angry and Disgusted

Lynne Kiesling Before I read the Senate version of the revised bailout plan, I generally agreed with Tyler Cowen: “The modified Paulson plan was better than nothing — especially after the market had been scared — but far from my first choice.” I also generally agree with his conclusions (1) on the importance of transparency …

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Geoff Style on Price Gouging and Gasoline Lines

Michael Giberson Writing with a calmness and patience not typically seen when economists write about price gouging, here is Geoff Styles, at Energy Outlook, Gas Lines and Bank Runs: …[W]ith a significant shortfall in deliveries along these pipelines, and US gasoline inventories that were already extremely low going into the storms, local prices should have …

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