>>This backgrounder on the environmental philosophy of Treasury
>>Secretary-in-waiting, Larry Summers.
>>
>>JSC
>>
>
>I remember meetings at which LHS still leading the charge for the BTU tax
>in the summer of 1993--as a good policy in itself, and as something that
>would finance *some* public investment--at a time when the High Politicians
>were turning tail and running from it...
To be fair to Summers, and god knows why I feel impelled to do that, he didn't actually write the memo he signed (a practice common among famous people, I hear). It was written by Lant Pritchett, an economist at the World Bank.
Doug