Double, Double Oil and Trouble

A surprisingly sensible post about oil prices and reserves from Australian social-democrat, economist, and Crooked-Timberite John Quiggin. Quiggin's post, in turn, is a comment on this surprisingly sensible NY Times article by Paul Krugman

I wish more lefties were like Quiggin and Krugman. Granted, Krugman's piece did have a few partisan barbs at the beginning, but generally, when Krugman focuses on economics instead of partisan politics, he is excellent. I wish he would use his bully pulpit at the Times more to teach economics and less to score political points. The Times already has enough columnists doing the latter, and far fewer doing the former, especially on the op-ed page.

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