February 2005

Composed, Elegant, And Authoritative

Lynne Kiesling I follow in the footsteps of the super-fantastic Manolo and Ann Althouse to agree that it’s incredibly refreshing to see authoritative women like Secretary of State Condoleezza Rice dressing in a fashionable, complex, not-safe-and-blend-into-the-background manner. And as a fellow knee-high boot afficionado (and athlete), I sense a kindred spirit there … I think …

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How Much More Obvious Does Rethinking Spectrum Policy Have To Be?

Lynne Kiesling Thanks to Stuart Benjamin at Volokh Conspiracy for his post on spectrum poicy, including a reference to this National Journal article on spectrum. The evidence keeps mounting that a spectrum policy that 1. is based on licensing and not ownership, 2. protects the fractured incumbency, and 3. is so clearly a political and …

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Difficult Thinking About Institutional Change Ii: Organic Or Ordered Competition?

Lynne Kiesling My first stab at answering the question at the end of my previous post starts with what I think is a basic claim, but one that does not get discussed much, or well, in electricity policy debates: All other things equal, organic competition outperforms ordered/managed competition in delivering long-run dynamic benefits to both …

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Difficult Thinking About Institutional Change Ii: Organic Or Ordered Competition?

Lynne Kiesling My first stab at answering the question at the end of my previous post starts with what I think is a basic claim, but one that does not get discussed much, or well, in electricity policy debates: All other things equal, organic competition outperforms ordered/managed competition in delivering long-run dynamic benefits to both …

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Difficult Thinking About Institutional Change I: A Claim And A Question

Lynne Kiesling Those of you who read KP for commentary and analysis of electricity regulatory policy (and I thank you sincerely for doing so!) have probably noticed a relative dearth of such commentary and analysis in the past couple of months. I can’t speak for Mike, but the truth is that for my part, I …

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Other New Reads

Lynne Kiesling Here’s a placeholder link to some new (to me!) economics and technology sites, until I have time to update the links template: Division of Labour (home of my long-standing and delightful acquaintances Larry White and Deirdre McCloskey, although DM has yet to post) Market Power Economics Roundtable (not really new to me, but …

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Economics In Hip Hop?

Lynne Kiesling OK, so I’m listening to WOXY in my office, and they’re playing this cool hip-hoppy/rappy/soulful Handsome Boy Modeling School song called “The Truth”, and the male vocalist actually just used the phrase ceteris paribus. And used it pretty correctly, in the context of a song lyric … pretty funny!