Lynne Kiesling One of the KP Spouse’s and my best friends has a great quote: “adventure is ordeal retold at a distance”. Today, on a gloriously sunny day, I think I’ve got enough distance from yesterday’s ordeal to think of it as an adventure! Actually, only the first part was an ordeal; the rest was …
Spring Weekends in Chicago–athletics and Music Edition Read More »
Lynne Kiesling Here are some links that caught my eye recently: At Cheap Talk, Sandeep Baliga recounts a tale of the emergence of legal institutions in an underground economy on the south side of Chicago. This post prompted me to think hard this morning about whether it’s a misnomer to do as he does and …
Lynne Kiesling I think the past 18 months have been disappointing for consumer-centric smart grid proponents and companies. In January 2010 the incisive Katie Fehrenbacher pronounced 2010 the year in which the consumer would be the king of home energy management, and this pronouncement has not come to fruition. I’ve been formulating some ideas about …
Will Android@Home Help Make Smart Grid More Consumer-Centric? Read More »
Lynne Kiesling Since we’re riffing off of Hayek today, I’ll take one of his most pithy and insightful quotes, from The Fatal Conceit: The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. I want to use that quote to tee up a …
Lynne Kiesling Yesterday was F.A. Hayek’s 112th birthday, and as Hayek’s work inspired the name of this blog, and continues to inspire my work every day, I encourage you all to celebrate this anniversary by reading (or re-reading, I hope!) his seminal Use of Knowledge in Society (1945): The peculiar character of the problem of …
Lynne Kiesling Over the past six months the TSA has started using whole-body imaging scanners as primary screening devices without explicit Congressional authorization. Congress has only authorized the TSA’s privacy officer to solicit public comment and publish a privacy impact statement (according to EPIC’s lawsuit), and their authorization of TSA practices is implicit in their …
Homeland Security: Eroding Your Human Rights Without Any Benefit-cost Analysis Read More »
Lynne Kiesling Today the Energy Information Administration released the 2011 Annual Energy Outlook (link is to executive summary). This year’s outlook explores scenarios that include updated forecasts of shale gas production, which have changed considerably since last year’s outlook, as KP readers know due to Mike’s excellent analyses. Another aspect of the analysis that will …
Lynne Kiesling It shouldn’t surprise you to find, given my recent working paper on Adam Smith, sympathy, and mirror neurons that I am an avid reader of neuroscience writer Jonah Lehrer. His post today riffs off of President Obama’s birth certificate to muse on voter ignorance. In discussing some research on the subject, he observes …
Lynne Kiesling Here’s a fascinating visualization of data center power use at Boing Boing: Note that over 10% of data center power use is for Facebook, with all of those updates and photos … as noted in the article: The company’s data centers range from from 10,000 square feet to more than 35,000 square feet, …
Lynne Kiesling Following up on Mike’s post yesterday about pandering politicians and their 2011 edition of the recurring petroleum price witch hunt … Others have weighed in on the idiocy of this “Oil and Gas Price Fraud Working Group”. Let’s start with KP’s go-to energy finance economist, Craig Pirrong: … it’s an opportunistic effort to …
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