Lynne Kiesling Two big factors contribute to the persistence of high oil prices. First is labor unrest in both Nigeria and Norway, as this Telegraph article explains. Norwegian strikers are protesting poor working conditions, Nigerian rebels are disrupting production and transportation there. Both Norway and Nigeria produce light sweet crude, which has low sulfur content. …
Lynne Kiesling OK, so I hate politics, but I have to ask … Libertarian candidate Michael Badnarik and Green candidate David Cobb were arrested outside of the debate Friday night, while trying to file an order to show cause to the Commission on Presidential Debates. The show cause order is to notify CPD of a …
Why No Media Coverage Of Badnarik/cobb Arrests Friday? Read More »
Lynne Kiesling In today’s Chicago Sun-Times, there’s an interesting Nat Hentoff column on campus diversity. His argument basically is that freedom of inquiry and diversity of thought should be considered one of the things for which students pay tuition, and without that freedom of inquiry and diversity of thought, are they really getting good value …
Lynne Kiesling Over at Truck and Barter, Ian Cook has written the post I would like to have written about the flu vaccine shortage: Hold the phone! You mean to say that government purchasing of vaccines at a forced discount has something to do with this? Could these be the mysterious “business reasons” that cause …
Lynne Kiesling A group of economists has filed an amicus brief in the Supreme Court hearing of the interstate wine shipment case. George Akerlof, Daniel McFadden, Vernon Smith, Don Boudreaux, Robert Hahn, John Letiche, and Robert Litan is an excellent analysis of the economic issues in the case of interstate wine shipment. This paragraph provides …
Economist Amicus Brief In Interstate Wine Shipment Case Read More »
Lynne Kiesling This NYT article on today’s oil market (registration required) does a nice job of summarizing the uncertainties that are roiling the world oil market: Prices have rocketed as China’s economic expansion drives the fastest demand growth in a generation, stretching world fuel supplies to the limit and leaving no cushion to cope with …
Lynne Kiesling I’ve always liked the metaphor and the image that the phrase “virtuous cycle” draws, and I think we see lots of instances of it in the dynamics of human action. So it’s no surprise that I liked Kevin Brancato’s post on Bill Gates and his use of such rhetoric, both recently and in …
Lynne Kiesling Thanks to Stephen Bainbridge for his post on BMW’s H2R. He cites this Edmunds blurb that discusses the high-powered 12-cylinder BMW with only steam as a by-product. BMW has been out in front on this development for years; a couple of years ago they even had a PR event in LA where Jay …
Lynne Kiesling Thanks to Stephen Bainbridge for his post on BMW’s H2R. He cites this Edmunds blurb that discusses the high-powered 12-cylinder BMW with only steam as a by-product. BMW has been out in front on this development for years; a couple of years ago they even had a PR event in LA where Jay …
Lynne Kiesling Off to the annual conference of the International Society for New Institutional Economics. Back Sunday. Mike’s gonna hafta pick up my slack!
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