Michael Giberson Japanese taxis represent a mere two percent of all passenger vehicles on the road in Japan, yet they emit approximately 20 percent of all carbon dioxide (CO2) from vehicles due to their average distance traveled in a given day. From a news release by Better Place. The company statement highlights the projects ability …
Michael Giberson Krugman’s long essay in the New York Times Magazine last week continues to stir responses. (All of which are much more substantive and engaging than my supercilious remarks on Jane Smiley’s goofy Marxism in the Huffington Post. ADDED: For a more measured response to Smiley, see Steve Horwitz and Art Carden’s short explanation …
Reactions to Krugman on the State of Macroeconomics Read More »
Michael Giberson When Paul Krugman wrote about “how economists got it wrong” in the New York Times Magazine, after a few preliminary remarks the story became all about Keynes, Keynesians, and New Keynesians. By my count the name “Keynes” or some variant of it shows up over 50 times in the essay. He talks a …
Lynne Kiesling I’ve been reading a lot of neuroscience-related books this summer (more on that later …), and I’ve really been enjoying Jonah Lehrer’s blog The Frontal Cortex. If you are interested in the connections between the brain and human action and human decision-making, you will get a lot out of it. I will have …
Lynne Kiesling Toby Considine is a must-read on the conceptual issues underlying this challenge: how do we use communications technology and data standards at interfaces to enable decentralized coordination and emergent order in electricity distribution and retail electricity markets? Seriously, he’s been my go-to guy since I met him at the GridWise Architecture Council constitutional …
Lynne Kiesling Matt Welch does a sharp and thorough textual exegesis of parts of President Obama’s speech to Congress on healthcare (health care?) last night, in his article on the accusations of lying that are flying around Washington these days. Matt’s final paragraph struck me, not just because I think he (and President Obama, in …
Choice and Competition Protect Consumers of Healthcare … and Electricity Read More »
Lynne Kiesling Ron Bailey’s Hit & Run post, Ant Hills=Brains=Cities, reminded me of some really important, fundamental ideas that tend to get lost as we natter about financial regulation, health care regulation, climate regulation … Emergent orders abound, and occur at all sorts of different scales — molecular, cellular, all the way to complex social …
Emergent Orders Are All Around Us, Especially in Cities Read More »
Michael Giberson Or rather, as Smiley explains in a HuffPost piece, in “Mrs. Ticknor’s Social Studies class in 1962, when I did my report on ‘The Communist Manifesto’ and kept misspelling the word ‘bourgeois’.” She began the essay by complimenting Paul Krugman’s piece in the New York Times Magazine about the sorry state of economics …
Jane Smiley: “All I Need to Know About Economics I Learned in Kindergarten” Read More »
Michael Giberson Astonishing. What Thomas Friedman wrote in the New York Times, that is. One-party autocracy certainly has its drawbacks. But when it is led by a reasonably enlightened group of people … it can also have great advantages. That one party can just impose the politically difficult but critically important policies… Astonishing, because while …
Thomas Friedman Wants to Make the Policy Trains Run on Time Read More »
Michael Giberson Will the CFTC regulatory actions increase the market power of OPEC? As OPEC prepares to meet this evening in Vienna, the usual pre-meeting chatter arises: what will they do? what should they do? does it matter what they do? This time around, though, interest in whether the CFTC’s actions may enhance OPEC power. …
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