Revealed Preference: Kiesling Chicago, Bainbridge La

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 … More Revealed Preference: Kiesling Chicago, Bainbridge LaMore Revealed Preference: Kiesling Chicago, Bainbridge La

Carnival Of The Capitalists 26 April

COTC this week is up and running at Venturpreneur. Have fun! … More Carnival Of The Capitalists 26 April

A Great Website On The Simon/Erlich Bet

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. … More A Great Website On The Simon/Erlich BetMore A Great Website On The Simon/Erlich Bet

Virginia Postrel On Choice, Not Lowest Price

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 … More Virginia Postrel On Choice, Not Lowest PriceMore Virginia Postrel On Choice, Not Lowest Price

Jennifer Zambone On Malaria Prevention

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. … More Jennifer Zambone On Malaria Prevention

News Sources

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 … … More News Sources

California’s Dueling Electriicty Bills

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 … More California’s Dueling Electriicty BillsMore California’s Dueling Electriicty Bills