Lynne Kiesling We were in Columbus, Ohio over the weekend and early this week and, not surprisingly, the airwaves were full of news of a new ad campaign to rehabilitate ethanol and, in the words of one of the news stories we heard, “correct myths about ethanol”. So are they saying that it’s a myth …
Lynne Kiesling Last week I was honored to spend a couple of days at St. Lawrence University with Steve Horwitz and his students and colleagues. In addition to giving a talk on regulation and technological change in the electricity industry, I gave a guest lecture in an environmental economics class and participated in a reading …
Buchanan & Wagner’s “Democracy in Deficit” and Its Current Applications Read More »
Michael Giberson Tyler Cowen links to a story in the New York Times detailing the opposition of the Motion Picture Association of America to two proposed markets for forecasting movie ticket sales. Of the objections noted in the article, Cowen thinks the key issue for Hollywood is the possibility of a poor market showing making …
Michael Giberson Oncor has been testing smart meters in part by monitoring several several homes with side-by-side smart meter/standard meter pairs. (See week four results from Killeen, Texas; week four results from Temple, Texas; week four results from the DFW area will be posted tomorrow, April 7, assuming Oncor sticks with their schedule.) So far …
Michael Giberson International accounting firm Grant Thornton has surveyed 2,500 hotel and other properties in South Africa and concluded that about half of the properties will not be charging a premium rate during the upcoming World Cup. In some cities, however, a majority of properties were raising rates, sometimes significantly. (Another summary: “Fifty three percent …
Michael Giberson The knowledge problem made the newspaper today – that’s Hayek’s concept of the knowledge problem, not the KP blog that Lynne and I operate. But since we appreciate the significance of Hayek’s insight on the mobilization of knowledge, it seems appropriate to draw attention to Glenn Reynold’s op-ed, “Progressives can’t get past the …
I Cringe when I See Hayek’s Knowledge Problem Wielded As a Rhetorical Club Read More »
Michael Giberson This sign puzzles me. I assume it is intended as pro-hybrid, pro-energy conservation signal. But the parking space designated is not particularly convenient to the store, so if it is pro-hybrid effort, it is tepid support at best. Usually there are more convenient parking spaces available, and I’ve never seen a car parked …
Michael Giberson The New York Independent System Operator has release a report, “Energy Storage in the New York Electricity Markets” (March 2010). The report offers an overview of existing grid-connected energy storage in New York, recent developments, and potential for further changes in the next several years. It is a good basic discussion of energy …
“Energy Storage in the New York Electricity Markets” Read More »
Michael Giberson Following up on earlier mention of consumer concerns over the accuracy of smart meters, yesterday the Texas PUC approved a plan for testing smart meters. The Fort Worth Star-Telegram reports: The Texas Public Utility Commission unveiled a detailed plan Thursday for independent testing of smart meters, the same day Oncor Electric Delivery acknowledged …
Michael Giberson YES! magazine presents an interview with Elinor Ostrom, “The Woman Who Just Might Save the Planet and Our Pocketbooks.” The sub-head teaser – “What if our economy was not built on competition?” – is a little over-heated. Nothing in Ostrom work, so far as I know, is opposed to competition. Rather, in the …
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