Lynne Kiesling I’ve just returned from a conference on regulation in Bulgaria organized by the Istituto Bruno Leoni, a classical liberal think tank in Italy that does a lot of extremely good work developing and applying classical liberal principles and ideas to public policy issues in Italy and Europe. The topics included financial markets regulation, …
Lynne Kiesling Recently Walmart announced that they would begin operating small-format stores called Walmart Express, the first two of which opened in June in Arkansas. If you look at the portfolio of earlier Walmart stores, they range in size from the 185,000 square foot Supercenter (the big kahuna) to the 42,000 square foot Market (with …
Walmart Express, Market Definition, and Local Politics Read More »
Lynne Kiesling The Independence Day holiday is a good day to reflect on the values and principles that animated the American Revolution and the origins of the United States. Given the continuing erosion of our civil liberties, including economic liberties, this year that reflection is more important than ever; as I’ve done before I’ll invoke …
Lynne Kiesling I’ll give you three guesses what I’m planning on today — bike bike bike bike bike! The forecast looks promising, and I can’t think of a better way to spend a long holiday weekend than outside on my bike, in my kayak, etc. So today’s post is bike themed. In late May, a …
Lynne Kiesling Some ideas catching my attention and worth sharing: 1. Another demonstrated benefit of vitamin D: immune response. I am a data point on this study reported in Science Daily — I really cranked up my vitamin D supplementation over the winter (1600 IU/day), and did not have a single cold. This study focuses …
Lynne Kiesling I find two things especially intriguing about environmental economics. One is the pervasiveness of ill-defined property rights as causes of environmental issues, and how it opens up one’s thinking to look at environmental issues as challenges of ill-defined property rights. Another is the tension between the anthropocentric nature of environmental economics (and economics …
Valuing Ecosystem Services is Difficult and Controversial Read More »
Lynne Kiesling Earlier this week on Twitter Tim Harford asked “Should economic students learn more econ history? … I learned none, feel poorer as a result.” Naturally, my immediate answer to that question was “Yes. Next question?” The cliché reason, avoiding the mistakes of the past, is only the first of the reasons to learn …
Enlightened Economic History: Honoring Joel Mokyr Read More »
Lynne Kiesling A happy amendment to my excoriation of the Senate yesterday for their procedural crankiness in failing to pass the elimination of ethanol subsidies … today the proposal made like a phoenix and was put on the floor again (WSJ, sub reqd), this time passing 73-27. The author of the WSJ article is not …
Lynne Kiesling On a subject too important to overlook … today Steve Horwitz wrote a short, clear argument providing evidence that we are indeed living in a police state. As evidence he offers 3 related phenomena: The immoral, ineffective, and financially irresponsible security theater we endure in the form of the Transportation Security Administration (as …
Lynne Kiesling Although the federal government is actually in a budget crisis and our elected so-called representatives claim to be dealing with it, they are acting rather like they are in denial, or still embroiled in such petty partisan bickering that they refuse to make difficult choices with short-run costs and long-run benefits. Take ethanol …
They Can’t Even Pull off the Ethanol Subsidy Repeal … Read More »
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