So it looks like Stephen Bainbridge and I crossed in the air over Colorado somewhere. Two things: 1. Honey, why ya still flying United? 2. He says he couldn’t live here because he’d miss the LA sun. Every time I spend a weekend in LA I am glad to get home to Chicago. In addition …
Revealed Preference: Kiesling Chicago, Bainbridge La Read More »
COTC this week is up and running at Venturpreneur. Have fun!
Here’s a great source for the next time you run into an apocalyptic, Doomsday-predicting naysayer: a detailed summary of the famous bet between Julian Simon and Paul Erlich. Punch line: prices reflect scarcity. Human creativity and ingeneuity, expressed through technological change, can push back the bounds of scarcity, even in resources that are technically nonrenewable. …
By now everyone’s read Virginia’s Economic Scene column from Thursday, but I wanted to chime in with my two cents because her argument, and Erik Brynjolfsson et. al.’s research on online commerce, are at the core of my arguments for market-based retail choice in electricity. Online shoppers are not just buying the same stuff for …
There’s been lots of talk lately about malaria and DDT. As an addition to that thread, I recommend this National Review article by Jennifer Zambone on malaria prevention. Her argument is that investing in malaria prevention in Africa will pay off many times over.
Recently, Eszter at Crooked Timber asked where people go in the morning for news. I start at Google News, then Yahoo Financial News, then The Daily Show With Jon Stewart. Then it’s off into the energy trades for me …
Last week the California Assembly passed new piece of electricity legislation, AB2006. The bill is meant to break the regulatory limbo in which the California electricity industry has been for the past three years. It contains the usual compromises to make it politically palatable, but also happens to contain some substance that would introduce a …
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