April 2004

Recommended Readings

Today may be a busy day, although I have some rumblings in the cerebrum that are interesting in expectation. So in the interim I heartily recommend to you these thought-provoking and informative posts: *Ben Muse riffing on Robert Shiller’s book about the productivity enhancements from the 19th-century IT revolution *Craig Newmark’s comments on price discrimination …

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Logistics, Technological Change, And Productivity

I second Virginia Postrel’s recommendation on reading David Brooks’ column on FedEx and productivity. I think he is correct. I especially like the way he says Over the next seven months, the politicos are going to argue about the economic merits of the Republican years versus the Democratic years. That’s a crime against intelligence. The …

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Catallarchy On A Roll

The folks at Catallarchy have been on a total roll, particularly this post on Roger Ebert channeling Ronald Coase, and this post on physics envy in mainstream economics. Brian’s physics envy post has a quote from Ludwig von Mises that I find particularly relevant to some of the more philosophical issues I’m thinking about in …

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Final Blackout Report Released Today

The U.S.-Canada Power System Outage Task Force released its final report on the August 2003 blackout today. From the press release: Recommendations include the following: * Implementation of mandatory and enforceable electricity reliability standards in both the United States and Canada, with penalties for noncompliance, backed by appropriate government oversight; * Strengthening the institutional framework …

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