The poem on Megan’s website, “In Flanders Fields”, is by John McCrae, one of the group of WWI poets that wrote so poignantly about the waste and destruction of war. Siegfried Sassoon, Rupert Brooke and Wilfred Owen are three of the other most renowned WWI poets.
The cello is the most soulful, most personal, most moving musical instrument. Yo-Yo Ma is playing accompaniment to Rudolph Guiliani’s reading of the WTC names, and it’s deeply moving. Reading the names with such intimate accompaniment reminds us of how personal this was and is, and that this is about real people living real, free, …
I have been working on a chapter for a forthcoming book on electricity restructuring, to be published by the Independent Institute. In writing it I wrote some of my most heartfelt arguments for consumer choice and freedom in electricity markets. Retail prices have always played an important role in enabling exchange, and in leading to …
Market-based Retail Prices Are Crucial For Successful Electricity Restructuring Read More »
Megan McArdle has a beautiful poetic tribute on her webpage today.
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 …
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 …
And, in another good TCS article today, Marlo Lewis analyzes the effects of several CO2 reduction initiatives. Marlo focuses on the February 2002 Bush administration policy announcement of transferable credits for voluntary reporting of greenhouse gas emissions. You report it, you get to trade it. Interesting idea, sounds sensible and market-based, but … Marlo eloquently …
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 …
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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