Monthly Archives: March 2007

Al Gore and I both try to offset our carbon emissions. Are we actually making things worse when we think we’re making things better? The Economist and Tyler Cowen both try to make the case, and both are quickly slapped … Continue reading →

Adventures in private equity: Remember how the Blackstone bid for EOP — at the time, the biggest private-equity bid ever — was quickly topped by another bid, from Vornado? Well, the same thing might happen to KKR’s bid for TXU. … Continue reading →

Austan Goolsbee wonders in the NYT today why billionaires don’t give more of their money away, given that they can’t spend it (there’s just too much of it to spend) and that even their children can’t realistically spend it either: … Continue reading →

Should we care about what the markets did on Tuesday? The news made the front page of just about every newspaper in the world, so it’s clearly important, right? Well, let’s keep things in perspective. Here’s a stock chart for … Continue reading →