Lynne Kiesling Two good articles on misguided government intervention and energy policy at Reason recommend themselves. Ron Bailey’s written a really excellent, clear, analysis of improved, safer reactor technology, and argues that the best response to the Fukushima accident is not a ban, but rather is innovation: One hopeful possibility is that the Japanese crisis …
Michael Giberson From the Eugene, Oregon Register-Guard, “Critics say BPA drops ball while juggling its power“: So much electricity flooded Pacific Northwest powerlines last spring — thanks to rainy, stormy weather powering hydroelectric and wind turbines — that this spring, a federal agency wants the option of turning off wind turbines to keep the system from …
BPA Still Won’t Pay Negative Prices to Get Wind Power Producers to Curtail Read More »
Michael Giberson ABC News last week tackled the question, “Are Gas Stations Price Gouging?” (2:23 min. video) Surprisingly, I liked this story, though (and probably because) they mostly sidestep their question about price gouging and instead go in pursuit of “the highest priced gasoline in America.” They find it at a convenience store just outside …
Michael Giberson A new blog explores the world of Bleeding Heart Libertarians. Matt Zwolinski created the blog as “a forum for academic philosophers who are attracted both to libertarianism and to ideals of social or distributive justice.” He has attracted a top-notch group of collaborators, and the first two weeks of operation has produced a …
Michael Giberson Rob Harmon gave a TEDx talk last fall in Seattle on a market mechanism that links willing buyers and willing sellers in a way that protects in-stream water flows and helps restore stream ecosystems. Harmon was formerly with the Bonneville Environmental Foundation (BEF) in Portland, Oregon, where he was a developer of the …
Rob Harmon at Tedxranier: How the Market Can Keep Streams Flowing Read More »
Lynne Kiesling As you energy gurus know, CERA is one of the leading consulting firms in the energy space, and hosts an increasingly popular event called CERA Week — rather like the Davos of the energy world! In support of the event this past week, CERA has splashed out for two large advertising sections in …
Michael Giberson As previously mentioned here at KP, I cringe when I see Hayek’s “knowledge problem” insight wielded as a rhetorical club. Yet when wielded with subtlety the knowledge problem is, like a rapier, a quite delicate and forceful weapon. Carefully deployed it is the editorialist’s scalpel. So, contrary to the sidebar chatter, I did …
Hayek’s Knowledge Problem Wielded Like a Scalpel Read More »
Lynne Kiesling As an update on my post yesterday morning about Japan, Larry Summers, and the broken window: here’s Russ Roberts weighing in on Summers and the broken window fallacy, from Friday afternoon. Russ’ post also has some links that are worth following, and the comment thread has a worthwhile conversation in it.
Michael Giberson The Seaway Pipeline is built to carry crude oil from the Gulf Coast to Cushing, Oklahoma, but with the current price differential between crude oil at the coast and crude oil at Cushing, each barrel delivered on the pipeline loses about $10-15 of value. The Streetwise Professor does a little back of the …
Lynne Kiesling What horrific events in Japan. I was very sorry to awaken to hear of such devastation, and the videos I’ve seen and the fact that the aftershocks and waves have been almost continuous for the past 12 hours sound completely terrifying. As the tsunami waves rippled out, though, it didn’t take long for …
Another Economic Illiteracy Alert, This One from Larry Summers, Ph.d. Read More »
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