Lynne Kiesling On Saturday morning NPR had an interview with UCLA urban planning professor Donald Shoup. His new book, The High Cost of Free Parking, sounds like it’s a worthy read. He makes arguments along the lines that nothing is free (where have we heard that before?), and that the cost of providing for free …
Lynne Kiesling Will Wilkinson has all sorts of good stuff going on right now, including an interesting post about free will and determinism. But I, like Tyler Cowen, will pick up on his mention of his increasing dislike of Thomas Jefferson. I can totally sympathize with this. When I was in 5th grade or so …
Lynne Kiesling Last week the Capital Spectator had a good post about oil, in particular prices and the Valero/Premcor merger. Note that since his post oil futures have fallen to around $50/barrel from $54-55 earlier in the week; that’s a large drop. Most of the price decrease probably arises from geopolitical discussions and has nothing …
Lynne Kiesling MIT economist Daron Acemoglu has won this year’s John Bates Clark award for the best economist under 40. Acemoglu’s research is fascinating and well-done. As the Chronicle of Higher Education (subscription required) notes: In a written statement, the [American Economic] association praised Mr. Acemoglu, 37, as a “broad and productive economist” who has …
Lynne Kiesling The Valero purchase of Premcor announced Monday is another interesting, if not surprising, step in the industry consolidation that started in the mid-1990s. The press on the Valero/Premcor deal seems to hit all of the right notes; I would add to this article on demand continuing to outstrip refining capacity that one of …
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Lynne Kiesling See this Business Week summary of the energy bill version that passed the House yesterday. The Washington Post opined that the bill is “new and unimproved”: More to the point, it will fail to give this country the truly revolutionary energy policy it desperately needs. Instead of pointing the way toward an eventual …
Lynne Kiesling Tim Worstall had a post yesterday on the “peak oil” calculation, inspired by a long article in the Guardian. Tim makes the important point in this post and in an earlier one to which he links that the economic assumptions on which the calculation rests are too static to be realistic. They don’t …
Lynne Kiesling This Grant McCracken post, inspired by a presentation by Michael Tushman (Harvard Bus Sch) on the future of the corporation, is one of the most interesting and insightful and thought-provoking things I’ve read in a long time. Highly recommended.
Lynne Kiesling I truly do not know what to think about the proposed EU Constitution. Should I be in favor of it or not? Not that I get a vote, but just to satisfy myself intellectually I’d like to formulate a reasonably informed opinion. On 29 May the French people will be able to vote …
Lynne Kiesling On Friday Arnold Kling went public with a little email chat that he, Randall Parker and I were having about strategies for managing nuclear power plant risks. The Price-Anderson Act is a controversial piece of law that limits the liability of nuclear power companies, essentially acting as a federal insurance subsidy to the …
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