No Cash for Clunkers

Photo: Bogdan Suditu Princeton economist Alan Blinder recently proposed a new government program he christened “Cash for Clunkers” in an article in The Times‘s Business section. Under the program, the government would buy back old cars at above market prices and scrap them. According to Blinder, this would accomplish a policy trifecta: 1) help the […]

Man vs. Man and Nature at the Beijing Olympics, Round Two

Back in May I blogged about the Chinese government’s plans to keep it from raining during the Olympics, as well as their pollution reduction efforts. The latest phase of the pollution fight is now kicking in: banning half the cars from the roads each day based on whether the license plate number ends in an […]