Lynne Kiesling Chicago has a well-earned reputation for cultivating busybody politicians. One of the busybodiest current aldermen is Ed Burke (14th ward), who has proposed a mandatory helmet law for motorcycles. Now, while I think wearing a helmet while driving a motorized small vehicle in traffic with other, larger vehicles is the epitome of common …
Lynne Kiesling Jeff Jarvis is writing a series called Issues 2004, and his post on energy policy from Monday tackles a lot of important questions and offers some recommendations. In addition, the comments on his post include a lot of good insights and thoughts. Here are my thoughts. Jeff starts with his memories of the …
Lynne Kiesling Urban planning, sprawl, “smart growth”, and land use are issues that touch on the core issues that I find captivating. Thus I am always pleased to find thorough, logical discussions and analyses. Jane Galt’s post from Monday on smart growth is a good general discussion of the topic. I also found the comments …
Lynne Kiesling This transcript at Wonkette of Stewart’s appearance on the O’Reilly Factor reveals a lot about both men. And it’s a very entertaining read … according to O’Reilly, I’m a stoned slacker who is intoxicated while watching the Daily Show (or at least the probability of this being so is approximately 0.87). Anyone who …
How Do I Love Jon Stewart, Let Me Count The Ways … Read More »
Lynne Kiesling Oil futures passed $50/barrel overnight, largely based on low US inventories and the anticipation of unrest in Nigeria, which could disrupt supply. The Wall Street Journal has a slug of articles today about oil prices, fuel efficiency, how natural gas prices are increasing the costs of exploiting Canada’s oil sands, etc. The best …
Lynne Kiesling Wow, I am really glad that Mike and Tyler both posted about that ridiculously stupid USA Today story! One doesn’t need to be an economist to recognize that the broken window fallacy is just that, fallacious. This type of argument is one of my biggest pet peeves, and I actually said to the …
Lynne Kiesling An unusual and well-done study makes you think differently about something that you think about day and night. The recent General Accounting Office study entitled Electricity Markets: Customers Could Benefit from Demand Programs, but Challenges Remain did just that when I read it. The GAO report is a very useful summary of the …
Gao’s New Study On Electric Power Demand Response And Retail Choice Read More »
Lynne Kiesling So, I get back to my office about half an hour ago, after the first class session of my Environmental Economics course, to find this Marginal Revolution post by Alex Tabarrok on the following question: You can’t take it with you. A private owner of a natural resource, like a forest, therefore, will …
Lynne Kiesling Many thanks to Andrew Morriss over at The Commons for the link to this Chay and Greenstone working paper on the effects of air quality on housing prices. The typical econometric method for performing such an analysis is called hedonic estimation, where your dependent variable is the house price and your independent variables …
Lynne Kiesling Hey, how often do I get to use an Ultravox song title?!? Here’s a cool Wired magazine article on using computer models to estimate the wind power potential of a particular location. Before the development and refinement of such modeling, those wanting to know how much power potential they have would have to …
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