Fungible? What’s That?

Lynne Kiesling Sunday’s Dilbert is a funny and accurate send-up of the idea of achieving “energy independence”. Punchline: Oil is a fungible commodity. The capitalist system virtually guarantees that you’ll end up buying the lowest cost oil from source unknown to you. Scott Adams clearly learned more from his econ classes at Amherst than most … More Fungible? What’s That?More Fungible? What’s That?

Economics and Culture of Australian and French Wine

Lynne Kiesling Charles Bremner is the (London) Times Paris correspondent, and he had an interesting post the other day about the economics and culture of French and Australian wine: Australia’s success at selling its supposedly simple-minded wines has now created something of a French-style grape glut around Adelaide, with producers turning out too much plonk … More Economics and Culture of Australian and French WineMore Economics and Culture of Australian and French Wine

Ask Your Sweetie: Public or Private Property?

Lynne Kiesling I suppose it’s an indication of how much of a property rights geek I am that Tyler Cowen’s post on Randian Valentine’s rhetoric almost made me fall out of my chair laughing. Condensed version: Your sweetie: “You treat me like property.” You: “Public or private?” Splendid. … More Ask Your Sweetie: Public or Private Property?

Microbes, Enzymes, and Cellulosic Ethanol

Lynne Kiesling Here’s an interesting Wired article on enzymes from microbes and the production of cellulosic ethanol. As a counter to the “gee whiz, isn’t it cool that we can do that?” nature of that article, here’s Kevin Hassett of AEI writing in Bloomberg: Indeed, no matter how expensive fossil fuels become, ethanol will never … More Microbes, Enzymes, and Cellulosic EthanolMore Microbes, Enzymes, and Cellulosic Ethanol

Lynn Swann for Governor of Pennsylvania?

Lynne Kiesling My childhood Steeler hero Lynn Swann is likely to be the Republican candidate for Governor in Pennsylvania in the upcoming election. Swann, a resident of Sewickley Heights (a suburb of Pittsburgh), is statistically tied with incumbent Governor Ed Rendell in a recent poll. An interesting quote from Swann, from the Post article: Swann … More Lynn Swann for Governor of Pennsylvania?More Lynn Swann for Governor of Pennsylvania?

Olympic Women’s Hockey

Lynne Kiesling Feeling sporty here at KP … I am happy that the Olympics have begun with women’s hockey, and have been watching as much of it as possible. I have not seen either USA game, although I have seen both Italy games. Italy lost to Canada 16-0 and just this morning lost to Sweden … More Olympic Women’s HockeyMore Olympic Women’s Hockey

Should the Government Fund Scientific Research?

Lynne Kiesling Such was the question discussed at the Liberty Fund conference I attended over the weekend. Our discussions ran the gamut of all of the theoretical and practical issues associated with the question, from the extent to which basic science is a public good to the costs of governments trying to pick technology winners … More Should the Government Fund Scientific Research?More Should the Government Fund Scientific Research?

Knitting Olympics

Lynne Kiesling OK, I’m throwing my knitting lot in with two teams, fair isle knit team and team Chicago: For you non-knitters, here’s the challenge: cast on a new project that stretches your skills during the opening ceremonies, and finish it by the time the Olympics end. My stretch: multi-color fair isle, which I’ve never … More Knitting OlympicsMore Knitting Olympics

Energy Markets and Policies at Winds of Change

Lynne Kiesling Welcome to Winds of Change readers coming to KP from the Energy Markets and Policies roundup there, and thanks to John for his kind mention. There’s a lot of great content aggregated there, so check it out! … More Energy Markets and Policies at Winds of Change

Complexity Blog

Lynne Kiesling Thanks to Ian at Truck and Barter for his pointer to Complexity Blog, from two Michigan graduate students. They are certainly hitting on some topics that overlap with our interests here at KP. … More Complexity Blog