Lynne Kiesling Chris Anderson’s Wired article on peer production is a good, short read. My favorite part is his closing comment: But it’s a mistake to equate peer production with anticapitalism. This isn’t amateurs versus professionals; it’s each benefiting the other. Companies aren’t just exploiting free labor; they’re also creating the tools that give voice …
Peer Production, Mutual Exchange of Value, and Capitalism Read More »
Lynne Kiesling Finally, a moment’s rest to provide a triathlon update (thanks for asking, Susan!)! The Subaru Women’s Triathlon in Naperville, Illinois was Sunday. An action shot from my favorite part of the race, the bike: My time was 1:36:59; the splits are Swim 500m 12:58 Trans1 4:06 Bike 22k 45:50 Trans2 3:52 Run 5k …
Lynne Kiesling Spain >broke my heart. Now my only remaining team is England, which is doing just barely enough to survive, and may not be able to do so against Portugal. Deep sigh …
Lynne Kiesling On Friday the Mercatus Center filed a public interest comment, written by myself and Michael Giberson (the full comment in pdf form is at the link at the bottom of the page), on the Electric Energy Market Competition Task Force Draft Report to Congress. The Draft Report to Congress on Competition in the …
Comment Filed on Competition Task Force Draft Report to Congress Read More »
Lynne Kiesling Greg Mankiw beat me to it yesterday by linking to and excerpting Michael Salinger’s commentary on price gouging in Saturday’s Wall Street Journal (subscription required). Salinger, who is currently at the FTC (on leave from BU), draws his commentary from a recent FTC report on “price gouging” (I haven’t read it yet, maybe …
Lynne Kieslingj Ghana has beaten USA and advanced in the World Cup. In addition to the satisfaction of well-played football and national pride, can there be economic incentives motivating the players? Yes. The 23 members of the Ghana squad get bonus pay for each victory, and that bonus pay doubles in the round of 16: …
Lynne Kiesling On Monday the Chicago Tribune published an editorial about electricity policy in Illinois (registration required). We’ve got a lot of electricity policy issues on the table right now. Nine years ago, the political bargain struck to allow wholesale market competition in electric power was a ten-year retail rate freeze, at a discounted rate …
Chicago Tribune: Enable Free Markets in Electricity in Illinois Read More »
Lynne Kiesling Many of you probably already know that Wyoming was the first state in the US to extend voting to women, which they did as a Territory to ensure sufficient votes for statehood. More along those lines from Wikipedia’s entry on Wyoming: In 1869, Wyoming extended much suffrage to women, at least partially in …
Lynne Kiesling I am in Jackson, Wyoming, attending the Western Conference of the National Association of Regulatory Utility Commissioners. This afternoon and tomorrow morning my colleague Bart Wilson and I are running experimental economics workshops for the commissioners and staffers attending. We got very fortunate yesterday flying in; from the right side of the plane …
Lynne Kiesling So lackluster play from the England side! John Terry proves what a great defender he is by saving a goal at the end of the half. Even Beckham’s set kicks are finding little oomph, and he’s not been passing very crisply. Blah, blah, blah. Eric Wynalda really harshed on Peter Crouch in the …
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