May 12, 2009

This Anti-Neuroeconomics Screed on Marketwatch is So Bad You Have to Stop and Look

Michael Giberson An example: The biggest reason the human brain will always remain irrational is because Wall Street wants it that way. Wall Street can control irrational Americans better using its high-tech neuroeconomic data, strategies and algorithms. I’d rate the whole thing as somewhere between car-crash bad and train-wreck bad. There might be a good …

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Jeremy Rifkind, Thinking Big About Distributed Energy Resources

Michael Giberson I’m not generally a fan of Jeremy Rifkind’s work. But, as a commenter is quoted as saying at the end of this BBC News report on Rifkind’s latest ideas for energy policy, “The world has room for visionaries.” At a Prague conference, Rifkind outlined a grand scheme for solving economic and energy problems …

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Illinois Smart Grid Initiative Final Report

Lynne Kiesling Last year I worked on the project team for the Illinois Smart Grid Initiative, in which we brought together a wide range of stakeholders to discuss the opportunities, benefits, and costs of different models of investing in smart grid infrastructure and technologies. We also discussed the important regulatory institutional changes that would be …

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Hartford Courant Editorializes Against Zone Pricing Ban in Connecticut

Michael Giberson From the Hartford Courant (May 11, 2009): A bill in the General Assembly that would force gasoline wholesalers to charge the same price to retail dealers across Connecticut would likely raise the price of fuel for most motorists and make the market less responsive to competition. Legislation to ban so-called zone pricing has …

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