October 2007

Another Technical Comment

Lynne Kiesling The RSS feeds seem to be … sticky. I had a couple of them come through successfully late this morning, but the past couple of posts have not shown up, and it’s been more than an hour. What gives?

House Renovation: Have We Got Concrete?

Lynne Kiesling Over the past several years, some kind readers have inquired after the state of our home. Here’s the backstory: three years ago we bought a neglected 1924 Craftsman home in Chicago. We did some preliminary work (air conditioning, plaster, refinished wood), but then spent three years living in the place and working with …

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Prediction Markets or Insider Trading Could Reveal Information Hidden from Upper Management

Michael Giberson Larry Ribstein suggests that at least some of Boeing’s troubles with the 787 might have been avoided if either insider trading was permitted in Boeing’s stock or the company was operating internal prediction markets focused on project completion. The quotes that Ribstein draws from the Wall Street Journal article on Boeing highlight two …

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New Fashion Read

Lynne Kiesling Sitting in the Manchester, NH airport, coming home from a way cool conference on new frontiers in emergent order research … the brain is too full to think of anything along those lines for a post! But courtesy of The Manolo,, I’ve found a new fashion read: The Thoughtful Dresser, by writer Linda …

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Economists Do Not Understand the Opposition to Congestion Pricing

Michael Giberson A few recent news articles on congestion has Peter Klein at Organization and Markets asking, “Why the Resistance to Pricing?” When the quantity demanded exceeds the quantity supplied — causing shortages, delays, congestion, misallocation — the solution is to raise the price. Every freshman economics student knows this. Why, then, are regulators, industry …

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Reason In Dc

Lynne Kiesling If you are attending Reason In DC on Saturday, I’ll see you there! Won’t be there today, though. Tomorrow Ron Bailey, Fred Smith and I will discuss carbon policy. Should be a stimulating discussion …