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Business & Economics PUBLICATIONS |
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Lessons in Grow-tesque Government
Submitted by K. Lloyd Billingsley on 5.31.2002
Not much grows during a freeze, except for government, even one that is more than $23 billion in the red. Consider the recent experience of the Golden State.
An Economic View of the Enron Memos
Submitted by Lance T. Izumi, J.D. on 5.20.2002
Memos showing that Enron used manipulative strategies during last year’s California energy crisis have caused a furor. The incentives and opportunities for Enron to use such strategies, however, were created by California’s government-regulated electricity market.
Capitol Crack-up
Submitted by K. Lloyd Billingsley on 5.8.2002
Back in the 1980s, the CIA had a problem. The spy agency needed a covert way to finance its anti-communist war in Central America. So the CIA devised a scheme to flood America’s inner cities with crack cocaine, using the proceeds they got from poor African Americans to bankroll their illegal war.
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