We've been meaning to mention Paul Krugman's superior article in last Sunday's New York Times Magazine ["Building a Green Economy"] about "cap-and-trade." If you're like us, about all that's sunk in from the cacophonous media din about the legislative proposal is that it has something to do with limiting carbon emissions and it's controversial with both right and left critics.Krugman explains cap-and-trade -- and gives a truly 'fair and balanced' explanation of the alternatives -- in a simple, straight-forward way. It's definitely a good read that will make you feel a whole lot smarter when you've finished.
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