Many thanks to Robert Musil for posting a link to this paper by Susan Pope on electricity price spikes and California. I’ve not looked over it in much detail, as I’m blogging from a Kinko’s and in between sessions at the AEA, but it looks clear, wonderful, and correct. So Davis et al are deeply …
Not to beat a dead horse, but oil price volatility will continue to exist for the forseeable future. Today’s markets in London experienced opened 2.2 percent higher today, after the American Petroleum Institute announced a 9 milliion barrel drawdown in inventories last week. That’s a big inventory decline, so it’s no surprise that prices are …
Orin Kerr had a really good post yesterday on the Volokh Conspiracy about technology and law. Here’s an excerpt: In contrast, I argue, the latest technologies are constantly in flux, and the social meaning of different technologies and their regulation can vary considerably over the years (and with some technologies, over a matter of months). …
Okay, I’m breaking my self-imposed moratorium on Venezuela strike commentary to disabuse folks of some of the misconceptions that have been swirling around in the media commentary over the past few days, typified by Paul Krugman’s superficial assessment of US oil policy in his 27 December column. Krugman focuses only on a sideswipe comment about …
Happy holidays to one and all. I’m off to my in-laws in Maryland.
RIP, JOE: Joe Strummer, lead singer of the Clash and one of the most formative musicians in my adolescence, has died of a heart attack at age 50.
In case you missed it a few weeks ago, Toyota and Honda have released pilot hydrogen fuel cell vehicles for the US market. As reported in this LA Times article from 3 December (registration required), both companies will participate in leasing and research programs with universities and local governments: The automaker is leasing each vehicle …
Traveling by air this holiday season? Then you are likely to encounter off-duty air traffic controllers leafleting about the proposed federal competitive sourcing initiative, under which federal agencies will be responsible for putting some of their functions and jobs up to competitive bid. Problem is, the ATC workers and the FAA have their facts wrong …
But what fun we had! Museums and sites and sights and food and wine and shopping … on such a tromp that I did not have even a free waking moment to check my email. Now I wade back into the electricity policy …
I am at the airport, where my dad and I are awaiting a flight to Paris. He’s never been, and has wanted to go for a very long time, so I used his recent birthday-that-factors-into-the-prime-numbers 5,3,2 and 2 as an excuse for a trip! Updates as events warrant.
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