Who needs charitable giving when you can have big government?

Michael Giberson At the Arizona Economics blog, Scott Gustafson runs some numbers on the limits on tax deductions for charitable giving contained in the Obama budget outline for 2010. Drawing on numbers from the budget outline (as summarized in this Washington Post article), Gustafson concludes that the administration thinks the change will result in $45 … More Who needs charitable giving when you can have big government?

Animal conservation through prices

Lynne Kiesling The fundamental cause of most environmental problems — whether air pollution, climate change, or species extinction, for example — is ill-defined property rights. Ill-define property rights lead to inefficient resource use decisions, resource overuse, and accelerated resource use. The effect of human action on the rate and pattern of species extinction is an … More Animal conservation through prices

Does anyone care about oil and gas reserves reports included in year-end financial statements?

While it may be good for the SEC to revise its petroleum reserves reporting rules for other reasons, it won’t provide much in the way of help to investors. By the time the official version of reserves estimates is issued it is old news. Research by Richard Miller confirms this conclusion. … More Does anyone care about oil and gas reserves reports included in year-end financial statements?

Smart grid rhetoric at yesterday’s clean energy summit

Lynne Kiesling [UPDATED to add live link to NPR story} NPR just ran a story on yesterday’s clean energy summit in Washington DC. The event was organized by Senator Harry Reid and included such luminaries as Boone Pickens, Bill Clinton, and Al Gore, in addition to political representatives such as Rep. Nancy Pelosi and Secretary … More Smart grid rhetoric at yesterday’s clean energy summit

An economic history lesson on fiscal responsibility

Lynne Kiesling At the Atlantic’s newish business web site, Greg Clark has a very good post on the history of government spending in Britain. He starts in the early post-Magna Carta period: In England, for example, from the Magna Carta of 1215 until the Glorious Revolution of 1689, public debt was always tiny — a … More An economic history lesson on fiscal responsibility

GridEcon 2009

Lynne Kiesling I am co-organizing an event called GridEcon in Chicago, 16-17 March 2009. GridEcon is in the suite of events that the GridWise Architecture Council co-sponsors, including GridWeek, Connectivity Week, and Grid-Interop. GridEcon has come about because we think that the policy and business discussions have moved beyond the technical interoperability issues that have … More GridEcon 2009