Lynne Kiesling I am attending an electricity markets workshop that we are holding here at Northwestern, about which I’ll have more to say later, but for now I wanted to capture a quotation of the day (apologies to Don Boudreaux for using his meme): The difficulty lies, not in the new ideas, but in escaping …
Lynne Kiesling Some of the best environmental projects also save money. This post at The Atlantic’s Cities blog highlights urban green infrastructure such as permeable pavement projects, including a recent study finding that they can also be economical: Looking at 479 case studies of green infrastructure projects around the U.S., the report finds that the …
Green Urban Infrastructure Can Save Green(backs) Read More »
Lynne Kiesling Just a quick note to accompany the discussion in the comments on Mike’s post about Southwest Airlines, Delta Airlines, and fuel price hedging: a couple of weeks ago Virginia Postrel had a very good analysis of the reasons why the Delta-Conoco transaction is not a good idea, in her regular column at Bloomberg …
Lynne Kiesling For the past year and a half a lot of my mental bandwidth has been dedicated to learning how to teach principles of macroeconomics. It’s harder than you think, and harder than I thought; yes, every academic economist should be able to teach it in terms of the knowing the material, but that’s …
Effective Philanthropic Aid and the Solow Growth Model Read More »
Lynne Kiesling Yesterday was Earth Day, and here’s a good way to observe it: Andrew Langer and Iain Murray argue for catch shares as a sustainable free-market fisheries policy. The idea is simple: give fishermen an ownership stake in a particular fishery through the assignment of quotas, which can be traded. The quotas give individual …
Lynne Kiesling This year’s NHL Stanley Cup playoffs are in the first round, and so far the violence has been horrific: “The most vicious and, perhaps, disgraceful first round of the Stanley Cup playoffs” was the verdict of Stu Hackel, the former director of broadcasting for the N.H.L., and this is now close to a …
Nhl Suspends Torres for Hossa Hit; Have We Achieved Incentive Compatibility? Read More »
Lynne Kiesling Today in Forbes Art Carden has an essay arguing that we should end the War on Drugs and make marijuana legal, now. He’s right. Here’s why. As Art argues, the War on Drugs is a policy poster child for unintended consequences, because the inelastic demand for the regulated good means that stronger enforcement …
Lynne Kiesling In March I wrote about Adam Thierer’s paper on technopanics — “a moral panic centered on societal fears about a particular contemporary technology” — and I argued that we should bear the moral panic phenomenon in mind when evaluating objections to smart grid technologies. In the past two weeks we’ve seen news articles …
Lynne Kiesling On Monday the Union of Concerned Scientists released an analysis estimating the MPG equivalence of electric vehicles. The point of the analysis is this: taking as given an objective of greenhouse gas emission reduction, how do electric vehicles compare to internal combustion vehicles in that dimension? To do such an analysis requires comparing …
Lynne Kiesling Last week the New York Times hosted a conference called “Energy For Tomorrow”, and they have made video from all of the sessions available; there are several sessions discussing energy efficiency, natural gas, renewables, etc. I watched the closing plenary on Friday, for which the topic was subsidies in any or all energy …
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