One of the rituals in which I engage every four years is in mid-January or so, when I can no longer abide the media hoopla over primaries and the election. Almost like clockwork, a day will come in January when I am listening to NPR and I reach a breaking point. I say ?that?s it?, …
It’s not very often that two of my favorite things in the world converge quite so unexpectedly as in this column from the Pittsburgh Post-Gazette about seeing Girl With A Pearl Earring, a “chick flick” on Valentine’s Day. Take this, for example: I’ve seen Firth brood in “Pride and Prejudice,” in “Bridget Jones’ Diary” and …
Colin Firth, Brooding, And Pittsburgh Sports Teams Read More »
So I’m at a conference here in Philadelphia with Tyler Cowen, and I told him after dinner that I was going up to my room to bed, no computer, just a phone call home. But then I got sucked in …
A friend of Knowledge Problem who is extremely knowledgeable about the electricity regulation and the dynamics of the industry in the past decade offers this response to my earlier post. I think he’s right: On your latest post re arbitrage, I think the spirit of your post is right, but the facts might not be. …
Here’s an article on the complex interaction of factors that have led to a recent rise in gasoline prices in California. It’s a lot of the usual — planned and unplanned maintenance, the seasonal fuel switchover, etc.
I agree with Alex at Marginal Revolution that Stock and Watson is an extremely good econometrics textbook. I don’t teach econometrics, but I do supervise senior theses that frequently require my consulting with students about their analyses, and Stock and Watson is very good. This is not surprising; I learned time-series econometrics from Mark Watson …
Check out this commentary from Monday’s Richmond Times-Dispatch. Virginia is considering returning to full regulation of its electricity industry, and this commentary by Thomas Nicholson lays out the case for why that’s a bad idea. The way the wholesale market has been designed in Virginia has some serious flaws, and Nicholson encourages Virginians not to …
I am pleasantly surprised to see James, Rogers, CEO of Cinergy, being frank in stating explicitly what we know: the regulatory uncertainty currently plaguing the electricity industry provides participants with arbitrage opportunities that they would not otherwise have. This uncertainty creates the opportunity for vertically integrated utilities to move assets around to where they will …
Oh, and also to Stephen, I do remember Kennywood, fondly and vividly. My first roller coaster, my first log ride … although I don’t think that was my first post-ride motion sickness. My father will have to confirm (and he should feel free to do so in the comment box if he does recall …). …
Thanks to Stephen Karlson at Cold Spring Shops for pointing out that spring is around the corner as pitchers and catchers report to camp. And to make it even better, Greg Maddux is reporting to the Cubs spring training (pending a physical)!! Yeeee hah!
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