Late last week, while attending the American Economic Association meetings in New Orleans and talking to people about hurricane Katrina, we got word of an extraordinary storm hitting Chico. Because we have a huge tree right on top of our house and the reports were that trees were toppling all over -- some almond orchards must have their trees -- we figured that our house was a goner.
We called and neighbors told us that our house was the only one that did not suffer external damage. We were especially relieved driving home last night to see that electricity had been restored almost everywhere as we approached our house. Suddenly, the last two houses were dark. So we are left without electricity, water, or the ability to use our gas stove. Sadly, until power is restored, I will not be very active here. See you soon. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
