Lynne Kiesling On the gas price note, Jonathan Pearce at Samizdata has a post about how high gas prices are more effective than scolding at inducing people to drive more fuel efficient vehicles. Glenn Reynolds also has a lengthy and informative post on the SUV, including a link to Jonathan’s. Glenn correctly points out that …
Lynne Kiesling It’s been brewing for several years, but finally the $66/barrel oil prices have induced Hawaii to impose a cap on the wholesale price of gasoline. On Wednesday, the state’s Public Utilities Commission released its first weekly list of price caps for different parts of the state. Including taxes, the maximum wholesalers in Honolulu …
Lynne Kiesling Detroit News columnist Thomas Bray argued so on Sunday. In fact, his argument is more along the lines of his being more Smithian than Keynesian (as is Doug Allen’s at Catallarchy, from whom I got the link): President Bush responded to the bursting of the economic bubble of the late 1990s in quite …
Lynne Kiesling Yesterday, while under the gun to finish some edits and a referee report, I listened to BBC Radio 4. One memorable interview was with a union organizer discussing the recent BA sympathy strike with the fired workers from caterer Gate Gourmet. One of the contentions in this situation is that in the market …
Lynne Kiesling There are few better ways to start a sunny summer Friday than an early morning bike ride on Chicago’s lakefront. Breathtakingly, stunningly gorgeous, and a great way to clear the mind for a day of thinking about complexity, dynamics, and electricity policy. This will be a biking weekend, too, so running across this …
Lynne Kiesling How cool is this? Tim at Environmental Economics points us to an upcoming Sotheby’s auction of saplings from a tree thought to be extinct. This is a nice example of a field experiment in something that is awfully difficult to do: determining aggregate willingness to pay to avoid extinction. In my environmental economics …
Lynne Kiesling I’ve been having a bout of insomnia lately, so I was awake way too early Thursday morning. When that happens, I listen to BBC Radio 4 to catch the late morning and midday commentary shows. One of them on Thursday had an extensive interview with Lorna Clarkson from the Royal Mail, in which …
Competition Induces Pricing Change At Royal Mail Read More »
Lynne Kiesling So it looks like my speculation from Sunday was correct, and ESPN will not practice entry deterrence. Eric McErlain has the goods on the just-inked NHL-OLN deal. Looks promising, particularly that “NHL Network” to be named later part.
Lynne Kiesling Check out this Wired article about methane capture from a trash dump in Bangaledesh. Methane capture technology can serve three objectives here: generating power, improving the utilization of the dump, and creating fertilizer that can enrich the thin soil in the area. When it gets going, this system can produce enough electricity to …
Lynne Kiesling James Hamilton’s recent discussion of Chinese oil demand mentions the government actions to subsidize oil consumption to fuel economic growth (yikes, what a far-flung distortion!). A WSJ article (subscription required) from Wednesday describes the consequences of China’s refined fuel subsidies: shortages and queues. Drivers in southern China have been queuing for as long …
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