Lynne Kiesling My colleague Shane Greenstein does very interesting work on industrial organization and networks in Internet-related industries. These insights also bubble up when he is reflecting on his personal experience in his recent family holiday travels, as related on his blog. Here he relates what they found on their recent travels to northern Wyoming, …
Lynne Kiesling While I am musing on the problems with the traditional regulatory model in electricity, as in my prior renewables feed-in reverse auction post, I am going to pile on (yes, it is like shooting fish in a barrel, but it’s the first day after a long holiday weekend, so cut me some slack, …
Another Reason Why Retail Regulation is Obsolete: Atrocious Incentives Read More »
Lynne Kiesling Proponents say yes, but I’m not convinced. Here’s the story: the California Public Utilities Commission is considering some regulatory innovations to increase the share of renewables in the state’s generation portfolio, including a reverse-auction procurement solicitation for the provision of renewable power: In what might be a world first, the California Public Utilities …
Is a Reverse Auction Feed-in Tariff “Market-Based”? Read More »
Lynne Kiesling Charles Darwin’s great-great-granddaughter, Sarah Darwin, is a biologist, and she’s just embarked on a recreation of her great-great-grandfather’s seminal voyage on the Beagle that induced him to develop his theory of evolution. In addition to that being just downright cool, she’s doing it on a really neat ship: The voyage will be made …
Lynne Kiesling This Marketplace story from Wednesday does a really good job of explaining the fundamental economics of new oil field discovery. The context for the story is BP’s discovery of a new oil field in the Gulf of Mexico, one of the largest discoveries in the past two decades. Part of the challenge, though, …
Lynne Kiesling As the demand for hybrid vehicles increases, the consequences of that increased demand flow through to markets for their inputs, some of which are finite natural resources themselves. Increased hybrid vehicle production raises the demand for rare metals, increasing their prices and threatening short-run shortages. Among the rare earths that would be most …
Unintended Consequences, Hybrid Vehicles Edition Read More »
Lynne Kiesling Remember back in October 2008 when I wrote about Andy Stanford-Clark and his tweeting house? And in July 2009 when I wrote about the German company Yellow Strom and its applications to enable its customers to use Twitter and Google’s Power Meter to increase their electricity information and manage their consumption? Now, via …
Lynne Kiesling If you have an eclectic music collection, here’s some fun, especially if you’ve recently added a variety of music but haven’t listened to it yet: put the “underplayed” list on random and hit play. I’ve had the following in succession: Gang of Four, At Home He Feels Like A Tourist Mendelssohn, Sonata 1 …
Lynne Kiesling Over the past week there’s been an interesting online conversation with the participants discussing one of the eternal tautological conundrums: why does politics attract power-hungry narcissists? Matt Yglesias kicked it off with what I think is a pretty naive query about the degree of cynicism and immorality in politics. Such cynicism and immorality …
Eternal Truths About Those Who Are Attracted to Politics Read More »
Lynne Kiesling One great thing about being on holiday out of the country is that I have blissfully been spared the annoying, politicized, and frequently wrong-headed and vapid health care policy discussions and media coverage thereof. I read John Mackey’s WSJ editorial with his health care policy recommendations, the top three of which being: •?Equalize …
Health Care Economics Tidbits: Mackey, New York Times, Horwitz Read More »
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