You Are Not Entitled to a Profitable Business Model

Lynne Kiesling Cory Doctorow at Boing Boing highlights the Supreme Court’s copyright decision in Kirtsaeng v. John Wiley & Sons. Briefly, Wiley wanted the court to enforce copyright in a way that restricts the flow of book purchases across geographic regions (i.e., limiting the ability to buy cheaper versions elsewhere online). Clearly Wiley was attempting … More You Are Not Entitled to a Profitable Business Model

Farm Subsidies and Entrenched Wealth

Lynne Kiesling Veronique de Rugy has a great argument for ending farm subsidies in the April issue of Reason (and yes, do read the whole thing, well worth your time). Farm subsidies are the canonical example of the dynamics of Mancur Olson’s Logic of Collective Action — concentrated benefits and dispersed costs lead to the … More Farm Subsidies and Entrenched Wealth

Should Governments Raise the Cost of Water Used in Fracking?

Michael Giberson In dry Texas, water use has been one of the bigger of the policy complaints tossed into the policy whirlwind surrounding hydraulic fracturing. A number of water quantity related bills are currently circulating in the Texas legislature and the Texas Railroad Commission (which regulated oil and gas drilling in the state) has considered … More Should Governments Raise the Cost of Water Used in Fracking?