Greenspan supports national gas tax increase

[NC2NH]

http://www.nytimes.com/2006/10/08/business/yourmoney/08view.html

Hard to believe this guy has ever read anything by Ayn Rand, let alone actually being a "follower" at one time. Now that Greenspan is out of office he doesn't mind admitting what was already evident from his actions.

Mr. Greenspan isn?t the only Republican-aligned economist to have discovered, or rediscovered, a fondness for higher energy taxes since leaving government service. N. Gregory Mankiw, the Harvard economist who served as chairman of President Bush?s Council of Economic Advisers from 2003 to 2005, favored a higher gas tax before going to Washington, and has been banging the drum loudly for it since he left. On his blog, Mr. Mankiw has formed the Pigou Club, named for Arthur C. Pigou, the British economist credited with introducing the notion that taxes could be used to correct imperfections in the market.

Pig. Ooh. 

[error]

No registration needed link: http://www.nytimes.com/2006/10/08/business/yourmoney/08view.html?ex=1317960000&en=3a749625ac447e79&ei=5090&partner=rssuserland&emc=rss

As for Greenspan, I heard he was once quite the free marketeer. I wonder whatever happened to him.

[AlanM]

No registration needed link: http://www.nytimes.com/2006/10/08/business/yourmoney/08view.html?ex=1317960000&en=3a749625ac447e79&ei=5090&partner=rssuserland&emc=rss

As for Greenspan, I heard he was once quite the free marketeer. I wonder whatever happened to him.

The God of Power took control of him.