Retail Competition in Electric Power: The Chicago Cubs Go Shopping

Lynne Kiesling The Chicago Cubs will buy their power from Constellation New Energy, a competing retailer in Illinois (as well as several other states). Constellation will purchase the power from generators, transmit it to the local distribution network, where they will pay ComEd to distribute it to 1060 W. Addison St. [Note: technically, because of … More Retail Competition in Electric Power: The Chicago Cubs Go ShoppingMore Retail Competition in Electric Power: The Chicago Cubs Go Shopping

Wanted: Economic Analysis of Urban Rail Transportation

Lynne Kiesling One of the big stories in Chicago at the moment is the Chicago Transit Authority (CTA), its expenditures, and its management decisions. Last week I mentioned the ongoing construction and expansion of the Brown Line stations, as well as Time Out Chicago’s set of feature articles. But there’s more frustration and discontent simmering … More Wanted: Economic Analysis of Urban Rail TransportationMore Wanted: Economic Analysis of Urban Rail Transportation

Accenture Chicago Triathlon 2006

Lynne Kiesling Sunday was the Accenture Chicago Triathlon. I had been hesitating to do this event for years because of the sheer mass of humanity: this year there were 8,000 athletes and 500,000 spectators. Happily, my sprint-distance wave was not too congested, and I was more able to swim than I expected. I had more … More Accenture Chicago Triathlon 2006More Accenture Chicago Triathlon 2006

A Musical Interlude

Lynne Kiesling Your Intrepid Economist spent the last two evenings partaking of the musical plenitude of Chicago. Wednesday was a long-overdue evening at our almost-neighborhood hangout the Green Mill to hear Kurt Elling and “the band”, the Laurence Hobgood Trio. We try to go every Wednesday they’re in town, but my life is often too … More A Musical InterludeMore A Musical Interlude

Google Frank Lloyd Wright

Lynne Kiesling Today’s Google logo is a cool montage of Frank Lloyd Wright buildings. Check it out. … More Google Frank Lloyd Wright

Some Chicago Links

Lynne Kiesling Chicagoist has a couple of good posts up right now, including this one on chef Charlie Socher, whose Café Matou is in the regular KP rotation. Socher has a new restaurant in Lincoln Square, Charlie’s on Leavitt, that will be on the short list to try when I get home. They also link … More Some Chicago LinksMore Some Chicago Links

Cubs Opening Day

Lynne Kiesling Well, I would probably disappoint Ray Gifford if I didn’t make some note of today being opening day for the Cubs in Arizona against the Diamondbacks. So even though I am certain to be in bed before the opening pitch … here’s the probable lineup: Chicago Cubs Pos. Name Bats 1. CF Corey … More Cubs Opening DayMore Cubs Opening Day

Hotelling Behavior: Chocolate On Michigan Avenue

Lynne Kiesling One of the most fascinating phenomena to be analyzed using industrial organization is the clustering of competing retailers. Ask yourself: why do Oriental rug stores all cluster in the same block? And what about car dealers? Don’t you want to be farther away from your competitors? Enter Harold Hotelling, who developed a simple … More Hotelling Behavior: Chocolate On Michigan AvenueMore Hotelling Behavior: Chocolate On Michigan Avenue

The Wgn Weather Blog

Lynne Kiesling I am a geek of many stripes — econ geek, shoe geek, yarn geek, and so on. I am also a weather geek. I love the Weather Channel, I love the NOAA website, and above all I love Tom Skilling, Chicago’s most famous weather forecaster. He brings an intellectual fascination to weather forecasting … More The Wgn Weather BlogMore The Wgn Weather Blog

Shovelin’ in a Winter Wonderland

Lynne Kiesling About a foot of snow over the past 30 hours. Here’s how the KP street looked at 7AM after we finished our shoveling: I used the “landscape” setting on my camera, which doesn’t seem to do too well with focus. But you get the point; it’s gorgeous here! In making what I thought … More Shovelin’ in a Winter WonderlandMore Shovelin’ in a Winter Wonderland