Horwitz, Henderson, Hayek on the police state

Lynne Kiesling On a subject too important to overlook … today Steve Horwitz wrote a short, clear argument providing evidence that we are indeed living in a police state. As evidence he offers 3 related phenomena: The immoral, ineffective, and financially irresponsible security theater we endure in the form of the Transportation Security Administration (as … More Horwitz, Henderson, Hayek on the police state

French fracking fracus

Michael Giberson There is oil in shale formations in France, possibly even shale oil under the Eiffel Tower, and at least for now it looks like that is where the oil will remain. According to a report by Bloomberg News, a parliamentary¬†committee agreed on a proposal to ban hydraulic fracturing in the country, the full … More French fracking fracus

Economics of power market design compared unfavorably to climate science

Michael Giberson From the Harvard Electricity Policy Group meeting in February 2011. By convention the meetings are off-the-record, so the speaker’s name is not identified in the summary: I think the most important distinction between the fields of climate science and economics for me is the question of evidence. Science is characterized by a subtle … More Economics of power market design compared unfavorably to climate science