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Fortune Magazine on Corporate Pension Plans

…may have been mislead by accounting gimmicks that allowed former shareholders to make out with equity that should have been put back into the pension plan. Fox links to material…

The Optimal Gasoline Tax

…Keeping in the spirit of the holidays – James Hamilton declares the windfall profits tax proposal a real turkey as he links to Arnold Kling who summarizes a paper from…

Social Security: Michael Tanner v. Mark Thoma

Mark Thoma links to a story from the Poughkeepsie Journal where apparently the Poughkeepsie crowd was more impressed by Paul Krugman than Michael Tanner – despite Tanner’s usual spin: Tanner…