Lynne Kiesling While we’re in a Smithian place here at KP, Grant McCracken’s post on the paucity of strong Canadian brands is comment-provoking. Grant poses Wealth of Nations as a theme (and indeed as the title of the post), so I will throw out some Smithian ideas. Specialization. If you have a neighbor who is …
Lynne Kiesling I spent last week attending Liberty Fund’s annual Adam Smith conference, as one of the two discussion leaders. It was a total blast. But it’s hard to summarize, or to draw out some of the more salient new knowledge that came out of it. We had a very interdisciplinary crowd, replete with philosophers, …
Lynne Kiesling So what, you say? It amounts to the deregulation of DSL, through the vehicle of saying that phone companies no longer have to share their phone lines with competitors. It puts DSL on more equal regulatory footing with cable, in the wake of the Supreme Court’s Brand X decision earlier this year that …
Lynne Kiesling I spent last weekend attending a Liberty Fund conference on themes of liberty and responsibility in the writings of Charles Darwin. We read selections from The Origin of Species, The Descent of Man, The Expression of Emotion in Man and Animals, and Darwin’s autobiography. It was a fascinating opportunity to learn about Darwin’s …
Lynne Kiesling Mary Wisniewski’s Chicago Sun-Times article on the energy bill points out that Illinois farmers and coal owners will benefit from the ethanol and clean-coal provisions of the bill. She also discusses the energy efficiency provisions and tax breaks.
Lynne Kiesling A piece of evidence consistent with my hypothesis: the Wisconsin Farm Bureau welcomes the new energy bill, saying not only that increased ethanol production benefits Wisconsin farmers, but also that the state legislature should follow the Congressional example and pass bills to mandate ethanol use in fuel in Wisconsin. … deep sigh …
Lynne Kiesling I am in Glen Arbor, Michigan, attending a Liberty Fund conference on Charles Darwin. I’ll have a lot to say about it. But for now, I refer you to the plentiful and interesting posts today at Environmental Economics. Coase, Grandfather Mountain, and an energy bill update.
Lynne Kiesling Because that’s what it looks like to me. And to Jim Lucier of Prudential Securities, who took the words right out of my mouth on Tuesday’s Kudlow & Company. In all of the commentary and analysis that I have read, very few people believe that this bill will do anything constructive to remove …
Rent Seeking: Is The Energy Bill Really A Farm Bill? Read More »
Lynne Kiesling While we’re on the subject of contracting and incentives in sports … Khazak cyclist Alexandre Vinokourov is leaving team T-Mobile for Spanish team Liberty-Seguros. “Vino” came in fifth in the Tour last week and third in 2003. As contracting and team dynamics go, cycling teams are a fascinating subject for study. Vino is …
Lynne Kiesling For new institutional economists, the NHL is a multi-dimensional laboratory right now. The six-year labor agreement signed last Friday, including team-level salary caps and revenue sharing, has spurred a flurry of contract buyouts. The Yahoo Sports NHL news archive since Saturday has been full of stories of teams buying out contracts of their …
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