Michael Giberson So, the mob goes after someone to lynch, even if that person is innocent. After all, as the immortal Bob Dylan sang long ago, “A lot of people have knives and forks, and they don’t have nothing on their plates, and they have to cut something.” This comes to mind because of the …
Michael Giberson Virginia Postrel says “Economics saves lives.” She referring to the New England Kidney Exchange, which is based on the economic systems design work of Al Roth at Harvard. (I would call it “market design work,” but using the “market” word might suggest the institution runs afoul of current laws against bribing people to …
Michael Giberson Back in December I wrote: I think quality, rather than customer goodwill and trust, will be the truly sustainable approach to providing a premium to small [coffee] producers in less-developed nations. To that end, programs like the Cup of Excellence are the better approach. It provides a rigorous quality scoring system followed by …
Michael Giberson Last week four Midwestern state attorneys general released a report on natural gas markets that concluded that market fundamentals could not alone explain high natural gas prices. A press release says: In their discussions of market dynamics, the Attorneys General said they found greatly divergent opinions and contradictory explanations for the recent roller-coaster …
FERC Staff Blasts Gas Market Report Issued by Midwest States Attorneys General Read More »
Michael Giberson The 65-team field selections had barely finished being announced on Sunday when CBS commentators began complaining about the selections and the seedings. One ESPN story on the subject is online here. Sports commentators are paid for maintaining audience, and controversy probably keeps an audience tuned in, but what does the market data say …
Ticket Reserve Market Tells Us Who Was Dissed by the Selection Committee Read More »
Michael Giberson The 65 teams for the NCAA men?s basketball tournament have been selected. Maybe your team has been seeded well and suddenly you think there is a chance they will make it through to the Regional finals (aka the ?Sweet 16?). Can you still get tickets? Sure, from some casual searching, I found online …
NCAA Basketball Ticket Options at Ticket Reserve Read More »
Michael Giberson An example of federal bureaucracy run amok? No, it is only FERC revamping their anti-market manipulation rules to accomodate changes brought about by the Energy Policy Act of 2005. The old market behavior rules sought to prohibit, among other things, “actions that are without a legitimate business purpose and that are intended to …
Michael Giberson Switch grass, sometimes called “tall panic grass,” is not often the subject of fervent policy debate. But the weed was thrust into the limelight this week when it gained Presidential mention in the State of the Union address along with wood chips and stalks, as pillars of hope for our energy future. Maybe …
Michael Giberson Grant McCracken finds an Adam Smith passage in The Theory of Moral Sentiments that adroitly captures the dynamic between our gadgets, our worlds, and ourselves.
Michael Giberson Google?s relationship with China is much in the news and all over blogs. Applying the ?a picture is worth a thousand words? school of rhetoric, Little Green Footballs offers ?Two Versions of Google?: tiananmen – Google Image Search. tiananmen – Google Image Search in China Found via Liberty Belles ?Nothing Much Happened There? …
What the Search Results Say About Google and China Read More »
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