Lynne Kiesling Speaking of music, the leader of my current favorite band, Franz Ferdinand, has written a book called Sound Bites, which is largely a compilation of his food columns for the Guardian. Alex was a chef before he was a rock star, and he writes with a lot of humor about his culinary experiences …
Lynne Kiesling Grant McCracken has a good post on the music industry’s recent behavior toward its customers. Lately there has been some softening toward digital music and fair use. But, as Grant asks, how to capture value? Here’s a thought. What if the music industry came up with a new pricing scheme? What if the …
Lynne Kiesling The Washington Post gives a ummary of the energy policy points in the State of the Union address. The consensus: no big change. John Whitehead concurs at Environmental Economics.
Lynne Kiesling Check out this NPR story about the installation of smart digital electric meters in the Southern California Edison service territory. Millions of Californian consumers could soon know the real costs of their electricity with the debut of the Smart Meter. Environmentalists and economists believe this will make them more careful about how and …
Lynne Kiesling Up early for a Saturday, for a 6:45 AM Liverpool/Chelsea game (which the good guys won 2-0, even though fave KP hottie Xabi Alonso took a knee to the mouth and had to have stitches) … so inevitably I am trolling for geeky network regulation fodder now that the game’s over. And I …
Lynne Kiesling There’s this really great outfit called Blue Moon Fiber Arts that makes some of the most gorgeous hand-dyed yarn for knitting that you can imagine; gorgeous yarn born out of the vision of one woman. I bought my first Blue Moon yarn, a variegated rayon in amazing shades of olive, a year and …
The Financial Risk Associated With Inducing Yarn Frenzy in Knitters Read More »
Lynne Kiesling Having a slow start this morning; I fear that I’m coming down with the stomach bug that has been making the rounds, most recently infesting the KP Spouse earlier this week. So I’m reading instead of writing this morning. In late December Economics Roundtable started a Topics section to collect posts on particular …
Lynne Kiesling OK, all of you who are teaching principles of economics right now, I hope you are paying attention to this incredibly timely unanticipated freeze in the Central Valley in California. This is a great classroom example of a leftward shift of a supply curve due to an exogenous weather event, and the consequent …
Lynne Kiesling Mark Thoma draws our attention to a recent Martin Wolf column in the FT, discussing complexity and evolution as a methodological framework for economic modeling and analysis. [M]ost [economists] must also know that the economy is not characterised by perfect foresight and equilibrium, but by trial and error and evolution. That was the …
Beinhocker Book on Wealth, Complexity, and Economic Theory Read More »
Lynne Kiesling Hey! John Tierney has a blog at the NYTimes to accompany his new gig as a Science Times columnist. He’s got, for instance, an interesting post with some behavioral economics insights into being a tightwad or a spendthrift. I tend to vascillate between the two, so I found this particularly interesting.
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