Archive for October, 2004

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ARTHUR’S SEAT

October 31, 2004

Lynne Kiesling

Please join me in welcoming my dear old (and yes, it’s depressing to say that!) friend Adam to the Internet at Arthur’s Seat. Arthur’s Seat is one of the most dramatic geologic features of Edinburgh, and thus forms the theme for Adam’s commentary from Scotland, on Scotland and beyond. He writes beautifully, and is sure to be a valuable addition to your daily reads.

Given his recent sojourn here in the US I expect to hear much about his impressions of US elections over the next few days.

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ARTHUR’S SEAT

October 31, 2004

Lynne Kiesling

Please join me in welcoming my dear old (and yes, it’s depressing to say that!) friend Adam to the Internet at Arthur’s Seat. Arthur’s Seat is one of the most dramatic geologic features of Edinburgh, and thus forms the theme for Adam’s commentary from Scotland, on Scotland and beyond. He writes beautifully, and is sure to be a valuable addition to your daily reads.

Given his recent sojourn here in the US I expect to hear much about his impressions of US elections over the next few days.

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FIRST STEEL, NOW CLOTHING?

October 31, 2004

Lynne Kiesling

This can’t be good. The Bush administration has agreed to consider import limitations on cotton trousers and shorts from China, according to this New York Times article from Saturday (registration required).

American manufacturers and the labor union representing textile workers have been pressing for help in advance of the lifting of all trade quotas on textiles and apparel on Jan. 1, 2005, allowing for the free flow of goods around the globe.

Last month, the manufacturers’ coalition presented the petition to the administration, knowing that the deadline would fall just before voting in the tight presidential election.

Members of the World Trade Organization agreed to the Jan. 1 deadline a decade ago but as the date nears, manufacturers in the United States and other textile-producing countries have been scrambling to protect their industries from competition from China.

How calculated is this? Are potential swing votes from textile workers sufficient to outweigh potential swing votes in the opposite direction from textile importers and free-trade supporters, many of whom are already extremely skeptical of the Bush administration?

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BACK IN THE SADDLE, KINDA

October 31, 2004

Lynne Kiesling

Six straight weeks of either conference or houseguests … and this weekend involved both! I came home Friday from a very cool conference on ethics and changing energy markets to my visiting in-laws. It’s a nice autumnal weekend here in Chicago, so we are having fun; today will be carving the jack-o-lantern for the trick-or-treat activities, and also taking our kayaks out and storing them for the season. That’s always a bit depressing, but at least this year we have a garage in which to store them and don’t have to impose on the generosity and kindness of our friends!

So the rest of the fall and early winter are not going to be quite so insane, I hope … and I know Mike’s been busy too. I’ve also been a little self-censoring because I’ve been chewing on some deep conceptual issues having to do with regulation of network industries, incumbency, status quo bias, etc. … I’m beginning to think that they are ready for the light of day, so will try to frame them and put them out here for general discussion and refinement over the next couple of weeks.

This should mean more fresh content here, soon. Gotta deal with kayaks and pumpkins today, though!

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BACK IN THE SADDLE, KINDA

October 31, 2004

Lynne Kiesling

Six straight weeks of either conference or houseguests … and this weekend involved both! I came home Friday from a very cool conference on ethics and changing energy markets to my visiting in-laws. It’s a nice autumnal weekend here in Chicago, so we are having fun; today will be carving the jack-o-lantern for the trick-or-treat activities, and also taking our kayaks out and storing them for the season. That’s always a bit depressing, but at least this year we have a garage in which to store them and don’t have to impose on the generosity and kindness of our friends!

So the rest of the fall and early winter are not going to be quite so insane, I hope … and I know Mike’s been busy too. I’ve also been a little self-censoring because I’ve been chewing on some deep conceptual issues having to do with regulation of network industries, incumbency, status quo bias, etc. … I’m beginning to think that they are ready for the light of day, so will try to frame them and put them out here for general discussion and refinement over the next couple of weeks.

This should mean more fresh content here, soon. Gotta deal with kayaks and pumpkins today, though!

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PROPER-COASEANS AND PROPERTY-COASEANS

October 21, 2004

Michael Giberson

On the PFF blog, Tom Lenard comments on Larry Lessig’s article, “Coase’s First Question,” [PDF] in the current issue of Regulation. Lenard summarizes Lessig’s distinction between “Proper-Coaseans” and “Property-Coaseans” in this way:

Lessig argues that “proper-Coaseans” first ask the question of whether the resource in question should be the subject of property at all, before asking where the property right should reside. This is in contrast to “property-Coaseans,” who go straight to the second question.

Lessig argues against creating property rights in internet protocols and says a proper reading of Coase supports this view; Lenard says Lessig’s argument is based on quoting Coase out of context. Good stuff.

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ESSAYS ON THE SCOTTISH ENLIGHTENMENT

October 20, 2004

Lynne Kiesling

Over at Two Blowhards, Michael has a really nice and informative post on the Scottish Enlightenment, and its contrast with the French Enlightenment:

My hunch about why we feel the post-Enlightenment pinch as acutely as we do is that the Enlightenment most of us know is the French Enlightenment. And those French, forever pushing things to absurd extremes. A Frenchman is apparently incapable of saying, “Hey, cool: Reason!” and then adding it to his repertory. No, he has to believe in it, make a substitute religion of it, live it out to its logical conclusions … And what does Reason lead to when it’s pushed fanatically out as far as it can go? Barrenness, cafe existentialism, suicide, bizarre buildings, Catherine Breillat movies. (Little joke, given that I love many of her movies.)

But there was another Enlightenment altogether, one that had its feet well-planted on the ground — the Scottish Englightenment. In 50ish years, from circa 1700 to the mid-1700s, Edinburgh transformed itself from a religion-oppressed backwater into one of the happening-ist cities in Europe. Giants walked Edinburgh’s streets: Thomas Reid, Frances Hutcheson, Adam Smith, David Hume, Adam Ferguson, many others.

The post is full of good thoughts and incredibly useful links. His inspiration was this David Denby article from the New Yorker, which was itself largely inspired by a reading of James Buchan’s Crowded With Genius. I can’t do the Denby article justice by excerpting it; it’s very good and thought-provoking, and worth a full read.

I plan to go read all of these sources, to bolster my understanding of the two different Enlightenment experiences. My simple-minded notion of them is that they had very different conceptions of reason and rationality: the French notion was very Cartesian and constructivist, the Scottish notion more organic and evolutionary. Perhaps that’s why, as Michael at Two Blowhards says,

Reading Adam Smith himself, I was struck by what a respectful, trenchant, and complex thinker he was — anything but the simple-minded apostle for corporatism and greed that he’s sometimes taken to be today. Passages in his works anticipate Hayek and chaos theory; other passages anticipate Marx in their vision of how deadening division-of-labor-style labor can be.

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TIT-FOR-TAT AIN’T DEAD

October 20, 2004

Michael Giberson

Ever since I saw a note about it on Transterrestrial Musings a week ago, I’ve been meaning to write about the Prisoners’ Dilemma tournament organized at the University of Nottingham. For some 20 years, the simple tit-for-tat strategy has reigned as champion over all comers in iterated prisoners’ dilemma games. As Wired describes it, however, a new champion may have emerged.

Or maybe not. Glen Whitman at Agoraphilia suggests that tit-for-tat isn’t dead yet, with a discussion that is better than anything I would have come up with.

Marginal Revolution has also commented on the tournament. The Wikipedia provides a good overview of PD games. Nottingham will host another tournament in 2005, for additional information see www.prisoners-dilemma.com.

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WHAT I LEARNED ABOUT ENERGY USE IN THE US FROM MY STUDENTS

October 20, 2004

Lynne Kiesling

I asked my freshman seminar to write an essay about energy use in the US in the past 50 years based on this EIA data table showing GDP in 2000 dollars, energy consumption in BTUs, population, and other stuff. Here’s what I (and they) learned from the experience.

Total energy consumption in the US has increased over the past 50 years. The only time it decreased was in the mid-1970s, as a result of the OPEC oil embargo and the resulting economic recession.

However, energy consumption per $ of GDP has consistently, if not steadily, fallen over the same time period. This fact indicates that we get more economic bang for the buck out of each BTU of energy we consume. In fact, BTU/$GDP has fallen by about half in the past 50 years, meaning that it takes half the energy today to generate a dollar of economic value that it took in 1949. Technological change plays an important role in this story, as does the structural shift in the US economy toward production of services and away from manufacturing.

Energy consumption per capita, however, has generally increased, even though population in the US has been growing. This fact suggests that the energy consumption growth rate is generally larger than the population growth rate over the past 50 years. Again, this should not be surprising if you consider the lifestyle changes that have occurred since then — cars, appliances, computers, televisions …

To me the most valuable insight from this exercise is to see how much more economic value we generate today using a given amount of energy than we did a half century ago.

UPDATE: Thanks to David Stone for the link to this Economist article commenting on the current situation of the world oil markets in a historical perspective.

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GOOGLE FURTHER ENHANCES MY PRODUCTIVITY

October 18, 2004

Lynne Kiesling

Kevin Brancato is actually the one who has enhanced my productivity by posting on Google’s new tool for searching your hard disk. For people like me who are constantly on the knife’s edge of organization, this is the bee’s knees!

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