FERC delays SMD implementation until Congress passes an energy bill. I’ve got enough problems with the SMD as currently articulated that I think this is probably a good thing. I’m also firmly in the “given the proposed bills, having no energy bill is better than either” camp. But the bureaucratic rigamarole that stifles meaningful, dynamic …
Producer Prices And Energy Prices
Producer prices fell 1.9 percent in April, at least as a first estimate. Much of that fall is due to energy price declines, the biggest in 17 years. As Reuters reports it: Excluding food and energy costs, the core PPI fell 0.9 percent in April, compared to a rise of 0.7 percent in March. The …
Yet Again, Supply Curves Shift
Funny how high prices induce capacity expansion … another in my periodic pointing out that oil and natural gas drilling activity in the US is endogenous, and responds to expectations of future prices. Right now natural gas prices are quite high, and are expected to stay that way for enough time to make it worth …
On Thursday Hal Varian had some suggestions on ways to use markets to improve politics. He cites a paper by Robin Hanson, an economist at George Mason. Once you get the idea, the possibilities are endless. Suppose a company is trying to choose between ad agencies. The board can simply create an option that pays …
On Thursday Hal Varian had some suggestions on ways to use markets to improve politics. He cites a paper by Robin Hanson, an economist at George Mason. Once you get the idea, the possibilities are endless. Suppose a company is trying to choose between ad agencies. The board can simply create an option that pays …
On Thursday Hal Varian had some suggestions on ways to use markets to improve politics. He cites a paper by Robin Hanson, an economist at George Mason. Once you get the idea, the possibilities are endless. Suppose a company is trying to choose between ad agencies. The board can simply create an option that pays …
On Thursday Hal Varian had some suggestions on ways to use markets to improve politics. He cites a paper by Robin Hanson, an economist at George Mason. Once you get the idea, the possibilities are endless. Suppose a company is trying to choose between ad agencies. The board can simply create an option that pays …
Found an interesting series of articles on Always On entitled “Practical Ecology.” The first article in the series lists five “environmental myths”: -Being environmentally correct requires a lower standard of living -Any good environmentalist is a socialist -Hydrogen and other renewable energy are the answer to our energy needs -We have to recycle everything -New …
Found an interesting series of articles on Always On entitled “Practical Ecology.” The first article in the series lists five “environmental myths”: -Being environmentally correct requires a lower standard of living -Any good environmentalist is a socialist -Hydrogen and other renewable energy are the answer to our energy needs -We have to recycle everything -New …
Found an interesting series of articles on Always On entitled “Practical Ecology.” The first article in the series lists five “environmental myths”: -Being environmentally correct requires a lower standard of living -Any good environmentalist is a socialist -Hydrogen and other renewable energy are the answer to our energy needs -We have to recycle everything -New …