Cinergy has announced that they are moving forward with plans to develop and commercialize broadband over power wire service: Cinergy Corp., owner of several Midwest utilities, and privately held Current Communications Group on Tuesday said they have formed two joint ventures to provide high-speed Internet service over electric power lines. … Last week, the Federal …
On Friday I attended an important event in Chicago that shines an optimistic beacon into the stagnant state of electricity policy. The event was the announcement of the first year’s results of the Community Energy Cooperative’s residential demand response program. This program’s results are exciting, and should open our thoughts to a wider range of …
Residential Demand Response is Alive and Living in Chicago Read More »
Craig Newmark points out that Glenn Reynolds did not get the full picture in Econ 101 if he thinks that people donating for stuff they could get for free is irrational. And as Craig says so well, it’s about the exchange of value for value, not about money. Of course you want to get as …
Chicago has historically been one of the biggest locales for the production of candy in the country. Brach’s had their factory here, as did Ferrara Pan, Fannie May, and of course the local Frango mints sold at Marshall Field’s (yum!) were made here too. One of the more delightful and tempting things about Chicago is …
Russ Roberts has a typically clear and lucid commentary on jobs and “outsourcing” in Business Week. Short of jumping into the fray on this issue, let me simply suggest that you read this, circulate it, and consider his conclusion: The hardship that results from economic change always tempts politicians to limit individuals’ freedom to buy …
Navarro is an Anderson Valley/Mendocino winemaker, lovely, carefully made wines. Their Gewurztraminer is to die for. This Pinot Noir has a sprightly little zip on the tongue and a smokiness that is reminiscent of a young Burgundy, perhaps a Morgon. Apples in the foretaste, toasty/dusty in the middle, berries and slight carbonation in the aftertaste, …
The Wall Street Journal is chock full of goodies this morning. I recommend special attention to Thomas Sowell’s commentary on economic literacy (subscription required). His focus is on the value that academic economists provide when they explain economic relationships to the public: Some years ago, the distinguished international-trade economist Jagdish Bhagwati was visiting Cornell University, …
In a comment to a post on clean coal technologies, Robert Prather has a concise statement of what I think makes the most sense for dealing with emissions from old power plants: When the clean air act was put into place it was assumed that a lot of older plants would shut down so they …
I came home Sunday to find that my husband had bought and opened a bottle of Sterling Vintner’s Collection Central Coast Cabernet Sauvignon 2001. So it had started to oxidize when we finished the bottle Sunday night with pork medallions in a black cherry cognac sauce, haricots verts, and crusty bread. I believe this is …
Friday at the Mercatus Chief of Staff Retreat, Hernando DeSoto spoke on the work that they are doing in Egypt. Hernando DeSoto founded the Institute for Liberty and Democracy in Peru, successfully fighting the Maoist Shining Path guerillas in Peru. DeSoto laid out the economic and philosophical argument for why law, liberty and democracy are …
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