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Power Deregulation - The True Story
The last decade has witnessed a bold experiment in the power generation business that has gone almost unnoticed by most of the public. Sixteen state legislatures and Washington DC decided to open up the market for electricity with the firm belief th... An Emerging Chinese Giant
The unprecedented, sustained growth of China's economy has broad implications for the Chinese people and the rest of the world. At no time in history has any country sustained growth rates in excess of 10% per year for so long. And China's burgeoni... Google's Search Engine Dominance
The explosion of the Internet created innumerable niches where governments, corporations, and individuals alike are able to ply their respective wares to an international community. But the emergent "virtual bazaar" does not operate like its real-wor... Multilateral Free Trade Agreements
The recent failure of the Doha Round at the WTO struck a blow against truly global cooperation on trade. When economists talk about the benefits of free trade, they recognize that eliminating trade barriers is best done across the board. The reason... The Benevolent Duopoly
The intense competition between AMD and Intel over the past few years has provided an immense benefit to all consumers. While the semiconductor industry prior to the emergence of AMD as a significant rival to Intel was characterized by rapidly impro... Nuclear Power for the 21st Century
Nuclear Energy was widely expected to completely solve the world's energy problems at the time of its introduction in the 1950s. Yet concerns about waste disposal and several high profile accidents have conspired to prevent any real progress toward ... The Emerging Private Equity Economy
"One should hardly have to tell academicians that information is a valuable resource: knowledge is power." - G. Stigler "The Economics of Information"The strength of the recent boom in private equity has many analysts concerned that a growing percent...
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