Lynne Kiesling As a follow-up to my earlier post on Jonathan Adler’s first two guest posts at The Atlantic: Jonathan has helpfully compiled links to all five of his guest posts in one handy-dandy location. Here they are: – Property Rights and the Tragedy of the Commons – Property Rights and Fishery Conservation – How …
Links to Adler Guest Posts at The Atlantic, and a Related Stavins Post Read More »
Lynne Kiesling Case Western law professor Jonathan Adler (someone to whom I link frequently here) is guest blogging for Megan McArdle at the Atlantic right now, and he’s sharing some valuable insights from his research in environmental and administrative law. His first post lays a foundation by summarizing and analyzing Garrett Hardin’s seminal “tragedy of …
Lynne Kiesling I just heard a potential sign of the impending Greek exit from the Euro: this is the first time I can remember in 25 years of listening to NPR that they have included information in the news update about the day’s trading on the stock markets in France, Germany, and other European countries. …
Lynne Kiesling It’s a little disturbing how often I feel like Steve Horwitz has inhabited my brain and articulated my thoughts, and I am really glad that he does, because he is much more articulate in doing so than I am. His Freeman column today is an example, highlighting Hayek’s vision of a tolerant and …
Markets Promote a Tolerant and Pluralist Civil Society Read More »
Lynne Kiesling I am attending an electricity markets workshop that we are holding here at Northwestern, about which I’ll have more to say later, but for now I wanted to capture a quotation of the day (apologies to Don Boudreaux for using his meme): The difficulty lies, not in the new ideas, but in escaping …
Lynne Kiesling Some of the best environmental projects also save money. This post at The Atlantic’s Cities blog highlights urban green infrastructure such as permeable pavement projects, including a recent study finding that they can also be economical: Looking at 479 case studies of green infrastructure projects around the U.S., the report finds that the …
Green Urban Infrastructure Can Save Green(backs) Read More »
Lynne Kiesling Just a quick note to accompany the discussion in the comments on Mike’s post about Southwest Airlines, Delta Airlines, and fuel price hedging: a couple of weeks ago Virginia Postrel had a very good analysis of the reasons why the Delta-Conoco transaction is not a good idea, in her regular column at Bloomberg …
Lynne Kiesling For the past year and a half a lot of my mental bandwidth has been dedicated to learning how to teach principles of macroeconomics. It’s harder than you think, and harder than I thought; yes, every academic economist should be able to teach it in terms of the knowing the material, but that’s …
Effective Philanthropic Aid and the Solow Growth Model Read More »
Michael Giberson At Bleeding Heart Libertarians, University of Arizona philosopher David Schmidtz discusses what a good concept of property does for society. He sums his view concisely at the end, reproduced below. Go read the rest of it for the background and support for these conclusions. To summarize, in more concrete terms, when a system …
Michael Giberson Venezuela “President” Hugo Chávez has put his government strongly behind efforts to combat price gouging, which in this context means selling a good for more than the government’s permitted price. The policy has had the usual effects: shortages of ordinary consumer goods and queues reminiscent of Soviet-style communism. The New York Times reports, …
Great Strides Have Been Made Combating Price Gougers in Venzuela Read More »
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