Will California Create Value Through Customer Choice? New York is a Role Model

The past week has seen a few interesting developments related to electricity deregulation, and I found the juxtaposition of them interesting. They further reinforce the reasons for customer choice and retail deregulation in electricity. First, the denouement of the California electricity crisis continues on, with the California legislature facing two opposing pieces of legislation concerning … More Will California Create Value Through Customer Choice? New York is a Role ModelMore Will California Create Value Through Customer Choice? New York is a Role Model

Free-market Environmentalism And Fish Populations

One of the most important insights of the past 30 years is how property rights definition over natural resources can align economic and environmental incentives. If you own something, you have the right to its future use, and to alienate (sell, trade, give away) that right. Note the phrase “future use”. This is really important … More Free-market Environmentalism And Fish PopulationsMore Free-market Environmentalism And Fish Populations

Free-market Environmentalism And The Restoration Of Mesopotamian Marshes

Thanks to Glenn Reynolds for posting on this San Francisco Chronicle article on Iraq’s wetlands. The article explains how Saddam Hussein’s regime led to the destruction of wetlands that have been a source of habitat, shelter and food for millennia: Located at the confluence of the Tigris and Euphrates rivers near Basra, this vast watery … More Free-market Environmentalism And The Restoration Of Mesopotamian MarshesMore Free-market Environmentalism And The Restoration Of Mesopotamian Marshes

Drilling For Oil And Gas On Blm Land

According to Rigzone news, the Bureau of Land Management is revising its application and permitting process for drilling on BLM land: As part of its implementation of President Bush’s National Energy Policy and to enhance U.S. energy security, the Bureau of Land Management announced fundamental new management strategies aimed at improving the Agency’s processing of … More Drilling For Oil And Gas On Blm LandMore Drilling For Oil And Gas On Blm Land

Apple/vivendi Commentary

Here’s an analysis from TheStreet.com of an Apple purchase of Universal Music. He’s very skeptical, and points to much recent experience to suggest that such a move would be incredibly risky. And Apple’s denying it anyway. … More Apple/vivendi Commentary

Many thanks to Megan McArdle for introducing us to Mimeograph, a new arts and culture ‘zine. Her article on stretching chicken out to get good, cheap meals is engaging and a fun read. In her comments on dining out with friends who are similarly impecunious, I particularly like her observation that dining with people who … More More

Many thanks to Megan McArdle for introducing us to Mimeograph, a new arts and culture ‘zine. Her article on stretching chicken out to get good, cheap meals is engaging and a fun read. In her comments on dining out with friends who are similarly impecunious, I particularly like her observation that dining with people who … More More

Many thanks to Megan McArdle for introducing us to Mimeograph, a new arts and culture ‘zine. Her article on stretching chicken out to get good, cheap meals is engaging and a fun read. In her comments on dining out with friends who are similarly impecunious, I particularly like her observation that dining with people who … More More

Many thanks to Megan McArdle for introducing us to Mimeograph, a new arts and culture ‘zine. Her article on stretching chicken out to get good, cheap meals is engaging and a fun read. In her comments on dining out with friends who are similarly impecunious, I particularly like her observation that dining with people who … More More