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From: mcfadden@econ.berkeley.edu To: teece@haas.berkeley.edu, ckm@pa.urel.berkeley.edu, dackman@forbes.net,jwilcoxa@earthlink.net Subject: Statement on Energy Crisis Cc: jim.sweeney@stanford.edu, spiller@haas.berkeley.edu, john_chandley@lecg.com,tyson@haas.berkeley.edu, tom_campbell@law.stanford.edu, shmuel@euler.berkeley.edu, willrichm@aol.com, george_barker@lecg.com, cdanner@wilkandassociates.com, gilbert@econ.berke Bcc: jim.sweeney@stanford.edu, spiller@haas.berkeley.edu, john_chandley@lecg.com,tyson@haas.berkeley.edu, tom_campbell@law.stanford.edu, shmuel@euler.berkeley.edu, willrichm@aol.com, george_barker@lecg.com, cdanner@wilkandassociates.com, gilbert@econ.berke Date: Fri, 2 Feb 2001 06:35:00 -0800 (PST) I have prepared a statement on the California energy crisis in response to a solicitation from the Wall Street Journal, and attach a preliminary first draft in pdf and Wordperfect formats. This may or may not appear in some edited form as an op-ed piece in the WSJ. Although this statement is in my own words, I believe it is consistent with the Manifesto. I would appreciate feedback from my fellow economists if I have made statements that contradict the Manifesto, or most critically have made arguments that they feel are not sound economics. I will try to incorporate suggestions in the next draft. Thanks for your reaction. I am also sending copies of this draft to a couple of people in the media other than the WSJ, and they are welcome to use the content but not the text if they want a summary of my take on the crisis. Dan McFadden - Energy.pdf - Energy.wpd