Lynne Kiesling This week’s Economist has an article that points out what many US residents, and readers of this blog, know full well: But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a …
Lynne Kiesling I am pleased to announce my first video in the Learn Liberty series — “Regulating Monopolies: A History of Electricity Regulation“. [youtube=http://www.youtube.com/watch?v=430OAJuh0nk&feature=player_embedded] It’s a brief overview of the economic history of the origins of the electricity industry and its regulation, and points towards the extent to which in the 21st century we are …
Michael Giberson A few weeks back Congressman Ed Markey asked the U.S. Department of Energy whether exports of natural gas might not be in the public interest (see prior note here, related note) as exports would tend to push U.S. gas prices higher. The USDOE’s response apparently didn’t mitigate Markey’s concern; today the Congressman introduced …
Congressman Markey Still Worries About U.S. Natural Gas Exports Read More »
Lynne Kiesling I was glad Mike mentioned Alex Tabarrok’s recent Launching the Innovation Renaissance in his recent post on the Honeywell-Next patent lawsuit, because reading Alex’s new TED book was on my to-do list for this past weekend. Alex’s focus in this book is U.S. innovation policy and ways that we could improve the institutional …
Alex Tabarrok on Innovation, Barriers to It, and the Warfare-welfare State Read More »
Lynne Kiesling This TechDirt article pulls together a lot of the various strands that are worrying about the growth of the U.S. police state — extralegal detention, the militarization of local police at the hands of the DHS, surveillance, increased imprisonment despite an all-time low crime rate, punitive immigration policy, the war on x where …
Michael Giberson Slate‘s technology columnist Farhad Manjoo examines Honeywell vs. Nest from a tech consumer’s point of view. The Honeywell v. Nest lawsuit is being justifiably criticized as another black mark on our broken patent system. If Honeywell invented all these cool features, why didn’t it make something of them? … Honeywell seems to have …
Michael Giberson At Slate, Matthew Yglesias tells the story of a business that is booming: Chipotle’s Mexican Grill, “a company that shows there’s clearly room for growth and innovation in even the most basic sectors of the economy.” The chain has been expanding rapidly, Chipotle’s stock has risen 500 percent over 5 years, and yet: …
A Secret to Chipotle’s Good-food-fast Innovations Read More »
Lynne Kiesling Dynamic pricing has long been a topic of great interest here, in large part because digital technology is increasingly making it feasible to implement dynamic pricing in retail electricity markets in ways that can be acceptable to consumers. But dynamic pricing is fraught with challenges, and not just in retail electricity markets. Dynamic …
Dynamic Pricing and Technology in Different Markets Read More »
Lynne Kiesling I have a new paper that may be of interest to KP readers, since the subject of the paper is the same as the name of this site: Knowledge Problem. I am honored to have been invited to contribute this paper to the forthcoming Oxford Encyclopedia of Austrian Economics (Peter Boettke and Chris …
Lynne Kiesling You know the down-home advice on investing — don’t put all of your eggs in one basket? That advice also holds for maintaining your online privacy in the face of Google’s impending “service integration” to use all of the information you provide in all of their services. This Wired article on how to …
Online Privacy is Like Portfolio Diversification Read More »
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