Lynne Kiesling In my previous post about organic institutional change, I pondered Ostrom?s eight institutional design principles. She applies her analyses to common pool resources (CPRs). Are they also applicable to changing electricity regulation institutions? Obviously I suspect that the answer is ?yes? or I wouldn?t be putting us all through this. One of the …
Michael Giberson In considering Lynne?s note on the new Senate electricity legislation, I couldn?t help but notice that the co-sponsoring senators were not from states that have embraced “competitive energy markets” or done much to “modernize regulation.” Senator Burr is from North Carolina; Senator Cochran from Mississippi; Senator Landrieu from Louisiana; and Senator Lott, also …
Lynne Kiesling Senators Burr, Cochran, Landrieu, and Lott (note the much-touted “bipartisanness”) have introduced a new piece of electricity legislation: S.498 Title: A bill to provide for expansion of electricity transmission networks in order to support competitive electricity markets, to ensure reliability of electric service, to modernize regulation and for other purposes. It starts off …
Lynne Kiesling While I’m on the topic (and in work procrastination mode!), pray allow me to indulge in a wee bit of catblogging: Elle s’appelle Coco, elle a neuf ans, et elle est absolument magnifique. Elle était maigre et élégante il y a huit ans, donc le nom “Coco”, mais maintenant elle est la “successful …
Lynne Kiesling Something else for which to thank the Manolo … his link to La Coquette, living la vie magnifique in the fashion industry in Paris. Quel dommage. I like living vicariously through her reports on Paris Fashion Week this week. And I really, really like the Coco Chanel quote that one of her friends …
Lynne Kiesling This post over at Manolo’s place shows a picture of Martha Stewart leaving confinement in the women’s prison in West Virginia. She is wearing an almost-boho poncho. I know that prison has an extensive knitting program for the inmates, and one of my friends who lives in the region donates her excess yarn …
Lynne Kiesling Thanks to Jonathan Adler for his recent post on a new paper on integrated river basin management. The paper, by William Blomquist (IUPUI), Ken Calbick and Ariel Dinar (both of World Bank), is available at SSRN. I have not yet read it, but it looks like an interesting analysis of a set of …
Lynne Kiesling I am pleased to announce my new-and-improved Northwestern faculty web page, designed by NU student Lauren Holliday. This page will have syllabi for my classes, copies of working papers, and other such things. I love the clean, elegant design that Lauren created. Unbeknownst to her, in developing the graphics for it she hit …
Lynne Kiesling Refined product prices hit a peak today, as did oil prices, according to Bloomberg. This is the time of year when refiners switch over from producing winter fuel to summer fuel, and have to start the complicated and costly process of depleting winter stocks in their tanks. Fires at refiners don’t help either.
Lynne Kiesling I highly recommend Arnold Kling’s Tech Central Station article today on the implications of the very mathematical methodology of modern economics. Arnold’s article is inspired by this recent Cato Journal article from Dartmouth economist Meir Kohn, which I also recommend to you. Actually, I have to say that I find Kohn’s paper to …
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