August 2009

Eternal Truths About Those Who Are Attracted to Politics

Lynne Kiesling Over the past week there’s been an interesting online conversation with the participants discussing one of the eternal tautological conundrums: why does politics attract power-hungry narcissists? Matt Yglesias kicked it off with what I think is a pretty naive query about the degree of cynicism and immorality in politics. Such cynicism and immorality …

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Is Bicycling “Bad to the Bone”?

Michael Giberson Research studying competitive cyclists suggests that cycling can reduce bone density. … most recreational cyclists probably don’t need to worry too much about their bones. “The studies to date have looked primarily at racers,” [researcher Aaron] Smathers says. “That’s a very specialized demographic. These guys train for hours at a very high intensity. …

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Should the Federal Government Use the Spr to Counter Speculators?

Michael Giberson At Rigzone: Governments should consider their strategic petroleum reserves a part of their arsenal to limit speculation in the oil market, according to a report issued Thursday by Rice University’s James A. Baker Institute for Public Policy. If the policy is to sell SPR oil into the market when prices get “too high” …

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150th Anniversary of Edwin Drake’s First Oil Well in Pennsylvania

Michael Giberson Here’s wishing a happy 150th birthday to the oil industry! On August 27, 1859, Edwin Drake and his steam engine succeeded, after weeks of work, in drilling a successful oil well.  Actually, more like “chipping” than “drilling.”  Alex Madrigal has the story and several old stereograph images: A western Pennsylvania river valley seems …

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Health Care Economics Tidbits: Mackey, New York Times, Horwitz

Lynne Kiesling One great thing about being on holiday out of the country is that I have blissfully been spared the annoying, politicized, and frequently wrong-headed and vapid health care policy discussions and media coverage thereof. I read John Mackey’s WSJ editorial with his health care policy recommendations, the top three of which being: •?Equalize …

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