Economics

More On Property Rights As Human Rights

Lynne Kiesling …this time from Ron Bailey at Reason. He’s discussing a Friends of the Earth report arguing that natural resources are an important part of the story in eradicating poverty in developing countries. All too predictably, a good bit of the report consists of a tiresome standard-issue anti-globalization screed against “neoliberal” economic policies and …

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The Acid Rain Retirement Fund

Lynne Kiesling One of the standard topics I discuss in summer workshops and in my environmental economics course is the benefits of tradable emission permits, including cap-and-trade programs such as the EPA’s Acid Rain program (yes, I know it’s not ideal because the cap is bureaucratically determined, but it’s better than the practical alternative, isn’t …

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Two New Reports on the Boutique Fuel Problem

Lynne Kiesling Last week while I was off philosophizing, the Federal Trade Commission released a new report on the factors that influence retail gasoline prices (hat tip to Todd Zywicki). The FTC watches retail gasoline prices carefully, and every spring like clockwork when prices go up and my Senator (that would be Dick Durbin) rails …

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Google And Goldman Invest In Bpl Technology Firm

Lynne Kiesling Google and Goldman Sachs have invested in Current Communications, a broadband over power line technology firm. Current’s press release on the news states that “These investments provide us with both capital and operating assistance as we continue to roll out Broadband-over-Power Line services to provide voice, video and data services,” said William Berkman, …

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Eu Rejects Us-style Software Patents

Lynne Kiesling The European Parliament has rejected the software patent directive that would have instituted US-style patents on software. See, for example, this UK Register article and this MSN Money article. Hat tip: SlashDot. From the MSN article: The so-called software patent directive, rejected by a 648-14 vote with 18 abstentions, would have given companies …

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