September 10, 2002

How Cool Is This?

Canadian scientists have found huge deposits of natural gas deep in Pacific ice. These gas hydrates have the potential to increase our energy supplies dramatically. This article suggests something that’s crucial to our continuing economic growth, and will also lead to environmental benefits — technological change in identifying, finding, and extracting energy from sources that …

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Oil Price Update

As I expected, the mounting arguments and persuasion efforts toward attacking Iraq have kept oil prices high, both in New York and in London. This CBS Marketwatch article and this Bloomberg News article summarize the oil market’s movements. Prices are high and hovering, waiting to hear how different countries respond to President Bush’s UN speech …

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Packets And Thingies

And this article by Arnold Kling is the first of a two-part series looking at the economics and architecture of what I think of as electronic infrastructure. His comments on the economics of Packets are interesting, and I think he’s right that we’ll see packet delivery priced at different levels for different volumes. Yahoo! is …

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The Celtic Tiger

Tech Central Station has a lot of good content today, including this article by Ben Powell on Ireland’s economic growth. Punch line: Ireland’s successful formula for development for the past 15 years has been a reliance on market forces, lowered taxes, reduced trade barriers and reduced regulatory burdens. This simple, market-driven focus has created opportunities …

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Madonna And Modern Feminism

Andrew Sullivan’s comments on an interview with Madonna and Guy Ritchie are simply fabulous. The interview itself is a fascinating window into a modern relationship, but Andrew’s analysis is incredibly insightful.