Sorry for the relative lack of activity; I am on the faculty at the Institute for Humane Studies Social Change Workshop for Graduate Students, and it’s taking quite a bit of my intellectual energy! Lots of bright folks with interesting research programs.
June 2003
My Tech Central Station Article
Yesterday I had an article on natural gas policy at Tech Central Station. Here’s the conclusion as a teaser: Price increases transmit valuable information to consumers that enables them to decide when it is worth it to them to conserve. Price increases serve as the most effective inducement to conservation, because they signal to consumers …
Some Natural Gas Articles
This Detroit Free Press article illustrates how typical families both feel the effects of higher natural gas prices and use contracting options (such as the “budget plan” that smooths their bill out over the year) to mitigate those effects. The Bush administration argues for increased natural gas exploration to increase supply. Good point, valid, but …
Virginia Postrel’s written a must-read Economic Scene column in today’s New York Times. Its topic is specialization, and specifically the move away from vertical integration in the structure of many industries. Technological change has contributed to making this move possible and profitable. There’s a large field in new institutional economics that explores precisely this dynamic. …
Virginia Postrel’s written a must-read Economic Scene column in today’s New York Times. Its topic is specialization, and specifically the move away from vertical integration in the structure of many industries. Technological change has contributed to making this move possible and profitable. There’s a large field in new institutional economics that explores precisely this dynamic. …
Virginia Postrel’s written a must-read Economic Scene column in today’s New York Times. Its topic is specialization, and specifically the move away from vertical integration in the structure of many industries. Technological change has contributed to making this move possible and profitable. There’s a large field in new institutional economics that explores precisely this dynamic. …
Now that California’s gasoline refiners have gotten over the MTBE/ethanol inventory hump that drove prices up this spring, refinery maintenance is contributing to stopping the decline in gas prices that ensued. In an environment in which fuel regulations balkanize markets, fuel in one place is no longer substitutable for fuel in another. That balkanization re-introduces …
Now that California’s gasoline refiners have gotten over the MTBE/ethanol inventory hump that drove prices up this spring, refinery maintenance is contributing to stopping the decline in gas prices that ensued. In an environment in which fuel regulations balkanize markets, fuel in one place is no longer substitutable for fuel in another. That balkanization re-introduces …
Now that California’s gasoline refiners have gotten over the MTBE/ethanol inventory hump that drove prices up this spring, refinery maintenance is contributing to stopping the decline in gas prices that ensued. In an environment in which fuel regulations balkanize markets, fuel in one place is no longer substitutable for fuel in another. That balkanization re-introduces …
Now that California’s gasoline refiners have gotten over the MTBE/ethanol inventory hump that drove prices up this spring, refinery maintenance is contributing to stopping the decline in gas prices that ensued. In an environment in which fuel regulations balkanize markets, fuel in one place is no longer substitutable for fuel in another. That balkanization re-introduces …