The Costly Lesson Venezuela’s Citizens Are Learning About Their Demagogue

Lynne Kiesling Four years of Chávez’s price controls have led to serious food shortages. Such shortages have sporadically appeared with items from milk to coffee since early 2003, when Chávez began regulating prices for 400 basic products as a way to counter inflation and protect the poor. Yet inflation has soared to an accumulated 78 … More The Costly Lesson Venezuela’s Citizens Are Learning About Their DemagogueMore The Costly Lesson Venezuela’s Citizens Are Learning About Their Demagogue

Will Congestion Pricing of Highways Finally Happen?

Lynne Kiesling This NY Times article from Daniel Gross is very exciting! Highway congestion pricing becoming a reality … pinch me, am I dreaming? Advances in technology and the successful experiments in Europe and the United States lead many economists to view the present as an ideal time to apply the theory to traffic control. … More Will Congestion Pricing of Highways Finally Happen?More Will Congestion Pricing of Highways Finally Happen?

The Perplexing Economics of US Capital Flowing Into the EPL: Lessons For Hockey?

Lynne Kiesling As a Liverpool FC fan (or, more accurately, a Xabi Alonso fan), I have been watching the impending sale of the team with great interest. The back-and-forth over the holidays between the current owners and the Dubai investment club that had an offer on the table, and the interjection of the interest of … More The Perplexing Economics of US Capital Flowing Into the EPL: Lessons For Hockey?More The Perplexing Economics of US Capital Flowing Into the EPL: Lessons For Hockey?

Language, Metaphor, and Wine Writing

Lynne Kiesling I found the juxtaposition of two recent articles (found via Arts & Letters Daily) on language quite interesting. Wine writer Colin Bower is frustrated with the use of simile and metaphor in wine writing: why can’t we describe the experience of tasting a wine in a direct, factual way, without the use of … More Language, Metaphor, and Wine WritingMore Language, Metaphor, and Wine Writing