Sigh, the weak dollar is killing me over here in London. But if Marty Feldstein says it's a good thing, I guess I'm in no position to contradict him.
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Science's policy blog reports:
As loyal readers of this blog know by now (I'm talking about you, Mom), I've got a soft spot for gas taxes. In fact, I'm pretty convinced that America needs a higher gas tax, phased in over several years (so the working poor can adjust their driving habits).
Last week, Yves Smith at Naked Capitalism posted a satirical letter by 'Outis Philalithopoulos' (Outis means 'nobody' in Greek) about another problem facing the economics profession--corruption of its practioners.
Yeah, dammit. My savings in the US are finally rising again but I'd have to be a nut to move them over the atlantic with the current exchange rates.