They also remind you of good stories about how it is that market mechanisms actually deliver sound environmental policy better than any existing alternatives. My colleague at this Institute for Humane Studies seminar, John Hasnas mentioned in his lectures the case of the Audubon Society allowing natural gas drilling in the Rainey Wildlife Refuge in …
One of the best things about hanging out with philosphers is that they remind you of cool stuff you read way too long ago, like this quote from John Stuart Mill’s On Liberty about the harm principle and individual liberty: “… the sole end for which mankind are warranted, individually or collectively, in interfering with …
I’m leaving Saturday morning for Pennsylvania, to teach at a seminar given by the Institute for Humane Studies. Promises to be very good fun, and lots of great brain candy.
Run, don’t walk, to Megan McArdle’s house for a superb analysis of why Canadian prescription drug prices are lower than in the U.S., and the likely consequences for pharmaceutical R&D. I can vouch for the business reality of her argument; when I worked as a tax consultant I had clients that confronted this painful reality.
While I’m at it, the same website has a good explanation of cheap at half the price, a phrase I use relatively frequently.
Tonight, on the Wall Street Journal Editorial Board show on CNBC, Tunku Varadarajan used the phrase “curate’s egg.” We could tell in context what he meant, but my husband and I were sufficiently curious to check it out afterward. Here’s a translation from British English to ROW English. The essence is “parts of it are …
It’s always refreshing to get a little perspective on these accounting and corporate governance issues. Amity Shlaes’ column from Monday does so, with reference to both the history of the Industrial Revolution and Trollope, one of my favorite authors. Given my background in economic history and technological change and diffusion, this really resonated with me. …
Yes, according to a press release and an order instituting rulemaking from the California Energy Commission yesterday. The Energy Commission?s plan is to work in conjunction with the California PUC, which has itself initiated an order instituting rulemaking to craft ?policies to develop demand flexibility as a resource to enhance electric system reliability, reduce power …
This good TechCentralStation article by Duane Freese lays out the economics and the policy dynamics of nuclear fuel reprocessing as an alternative to schlepping it to Yucca Mountain. Very interesting and thought provoking.
Last night Brink Lindsey picked up on the 100th anniversary of air conditioning, on which there was an article in Wednesday’s Washington Post. Certainly, as he says, a triumph of “the Baconian project of power over nature.” I hate heat and humidity, and the confluence thereof, so I fully agree, and celebrated yesterday. My only …
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