The continuing relevance of the bootlegger-and-Baptist model

Lynne Kiesling In 1983 Bruce Yandle wrote an influential article in Regulation, “Bootleggers and Baptists: The Education of a Regulatory Economist”. His model explains how two parties with seemingly incongruent values can come together to get a regulation passed that meets the objectives of both parties. In the bootlegger and Baptist case, both parties benefit … More The continuing relevance of the bootlegger-and-Baptist model

British government desire for surveillance expropriates private property

Lynne Kiesling For the past couple of years the British government has been extremely aggressive in installing surveillance cameras — CCTV on high streets, speeding cameras on highways, and so on. If you are a typical British citizen, your actions are captured on camera hundreds of times a day, and you can be watched with … More British government desire for surveillance expropriates private property

Mortgage bailouts and the Chicago Tea Party

Lynne Kiesling Count me in as a taxpayer, mortgage holder, and economist who thinks that the Obama mortgage bailout program is bad policy-it’s expensive with little obvious benefit, it creates bad incentives and ex post rewards bad decisions (bad decisions that were abetted by bad government policy), and it’s morally reprehensible. Peter Klein’s remarks on … More Mortgage bailouts and the Chicago Tea Party

A new paper from me: increasing energy efficiency through decentralized coordination

Lynne Kiesling I’m pleased to report that EcoAlign, the marketing arm of the Distributed Energy Financial Group, has issued a white paper I wrote, “Markets, Technology and Institutions: Increasing Energy Efficiency Through Decentralized Coordination”. From the press release: EcoAlign, a strategic marketing agency focused on energy and the environment, has released the second report in … More A new paper from me: increasing energy efficiency through decentralized coordination

Why are gasoline prices so high? (February 2009 version).

Michael Giberson So low, and yet so high. It seems to be the way consumers feel about gasoline prices these days.  Yes, prices are down compared to a year ago, but everyone knows that crude oil prices have been going down lately while gasoline prices are up from their December 2008 lows. From The Mercury … More Why are gasoline prices so high? (February 2009 version).

Twitter’s gonna transform professional cycling

Lynne Kiesling I just participated in distributed information newsmaking history, and it’s really, really cool. A little background: I’ve been on Twitter for a few months, initially as a way to talk with a couple of friends. But then I found Team Slipstream and Lance Armstrong on Twitter, and from there just kept adding cyclists … More Twitter’s gonna transform professional cycling