Learn Liberty: Tragedy of the Commons

Lynne Kiesling Here’s another great video from Learn Liberty: Sean Mulholland introducing the “tragedy of the commons”, which, as he accurately notes, is more accurately called the problem of open access. If you teach a class where you talk about this problem, or want to learn more about this fundamental ill-defined property rights foundation of … More Learn Liberty: Tragedy of the Commons

Cleantech Opportunity: Clean Water for Fracking

Lynne Kiesling One of the most beautiful aspects of market processes is how individuals create and take advantage of new profit and growth opportunities by creating value for others. Here’s a case in point that will resonate with many of you, given the outstanding diligence and insight of Mike’s fracking analyses here: clean water for … More Cleantech Opportunity: Clean Water for Fracking

Devon Energy’s Bet on Barnett Shale, Made 10 Years Ago, Has Paid off

Michael Giberson Yesterday, August 14, 2011, was the ten-year anniversary of the announcement by Oklahoma City-based Devon Energy of its intention to acquire Houston-based Mitchell Energy and Development for $3.5 billion. The prime target of interest lay about halfway between the two company headquarters, in the Barnett Shale surrounding Fort Worth, Texas. Mitchell had figured … More Devon Energy’s Bet on Barnett Shale, Made 10 Years Ago, Has Paid off