Lynne Kiesling In all of the discussion this week of Tyler’s NYT column on pricing and constructing lot parking, an innovation in pricing street parking has been overlooked. Under a new pilot project in San Francisco called SFpark, street parking will now be priced using dynamic pricing. According to SFpark’s description, To help achieve the …
Dynamic Pricing of Street Parking in San Francisco Read More »
Michael Giberson In a post that actually isn’t about the “question marks swirling around high speed rail,” Eric Morris quotes approvingly a remark from Randal O’Toole, a big fan of trains and also a big critic of public subsidies for trains: “I don’t expect taxpayers to subsidize these preferences any more than if I liked …
A Post Which Isn’t About the Question Marks Swirling Around High Speed Rail Read More »
Michael Giberson [This post is second of two on Eisenberg’s essay on unconscionability. Link to part one.] Having spent a little more time with Eisenberg’s essay on unconscionability, I’m less enthusiastic than I was at first, but let’s take a look. Eisenberg advanced two cases in his essay: The Desperate Traveler and The Desperate Patient. …
Michael Giberson [This post is first of two on Eisenberg’s essay on unconscionability. Link to part two.] Use of vague concepts like “unconscionability” in price gouging laws creates problems. Businesses are not always sure what prices are legal under such laws, and as a result may price products uneconomically low or remove products from the market …
Michael Giberson From the inbox, a note from the Monterey Institute about their open position for an energy economist. Technically speaking they are advertising for a international trade & development position, but Monterey professor Jason Scorse said while they need someone for International Econ and Trade, they especially seek someone who can do energy economics …
Monterey Institute Looking for Energy/trade Economist Read More »
Michael Giberson A newspaper report said, “Internet and direct-mail sales have become essential to the growth of smaller winemakers and microbrewers in the last decade.” No doubt the reason that “distributors of alcoholic beverages are pressing for a federal law that would allow states to block interstate sales of wine and beer to their residents….” …
Defending the ‘three Tier’ Alcohol Distribution System Read More »
Lynne Kiesling Oh, yes, the old 80s girl in me loves the image on what just came in the mail: And the substance behind their point is equally, well, pointed: Yet within its first 100 days the Con-Lib coalition has emerged as a radical force. For the first time since Margaret Thatcher handbagged the world …
The Economist: (Sing with Me!)”Dave and Nick/are Punk Rockers” Read More »
Lynne Kiesling Thursday’s Wall Street Journal had an article on airline fuel economy, “A Prius With Wings vs. a Guzzler in the Clouds“, and it presents an analysis that is a good starting point for thinking about an economic comparison of the fuel efficiency of different modes of transportation. The analysis compares the fuel economy …
An Economic Analysis of Comparative Fuel Economy? Read More »
Michael Giberson Suppose you are a merchant transmission line operator with a DC power line linking point A to point B. Some potential customers prefer to buy transmission capability the day before the power flow, while others would like to buy monthly, annual, or even multi-year contracts. While some customers want 24-hour delivery, others seek …
Auctioning Power Transmission Capacity Contracts of Varying Duration Read More »
Michael Giberson Abe Othman at Constructive Economics has been reading Boone Pickens: T. Boone Pickens, from his autobiography The Luckiest Guy in the World: I believe the greatest opportunity lies in a free marketplace. There are powerful forces afoot trying to restrict that freedom in the interests of the vested and already wealthy. T. Boone …
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