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