The Fed's New Task Forces
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Yesterday, the Federal Reserve announced a group of task forces to review
the central bank's framework for conducting monetary policy. Along with Tom
Sar...
Friday, August 1, 2008
The Economics of H2O
The ancient mariner's rhyme " Water, water, everywhere,Nor any drop to drink." is well on its way to becoming a fact. With fresh water supplies diminishing and demand growing at an accelerating rate the economics of the good ol' water seems to have assumed more importance than ever. Here is an interesting article by Mark Clayton on the issue : Is water becoming ‘the new oil’?
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