I Think I’d Rather Be Westinghoused
Michael Giberson Chevy Volt promotion, courtesy of Tom Fowler at NewsWatch: Energy, without further comment.
December 15, 2009
Electric Power Rate Reforms Needed for Smart Grid to Create Value
Michael Giberson In a white paper released yesterday, the Association of Home Appliance Manufacturers (AHAM) identified three requirements necessary for the smart grid to create value for residential customers: Pricing must provide incentives to manage energy use more efficiently and enable consumers to save money. Communication Standards must be open, flexible, secure, and limited in …
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Cato Unbound: Hayek and the Common Law
Lynne Kiesling This month’s issue of Cato Unbound has a topic that sits at the core of the issues of interest here: Hayek’s concept of spontaneous order, its universality, and its applicability to orders beyond market processes, including the common law. Examples abound. No one individual or committee sets market prices; those who have tried …