Lynne Kiesling One thing I’ve been doing a lot this summer is catching up on my reading, both on books I’ve had on my list for a while and new releases. Right now I am in the middle of Mises’ Human Action, which I am slightly embarrassed to say I’ve never read from the beginning …
Lynne Kiesling In all of the discussion this week of Tyler’s NYT column on pricing and constructing lot parking, an innovation in pricing street parking has been overlooked. Under a new pilot project in San Francisco called SFpark, street parking will now be priced using dynamic pricing. According to SFpark’s description, To help achieve the …
Dynamic Pricing of Street Parking in San Francisco Read More »
Michael Giberson [This post is second of two on Eisenberg’s essay on unconscionability. Link to part one.] Having spent a little more time with Eisenberg’s essay on unconscionability, I’m less enthusiastic than I was at first, but let’s take a look. Eisenberg advanced two cases in his essay: The Desperate Traveler and The Desperate Patient. …
Michael Giberson [This post is first of two on Eisenberg’s essay on unconscionability. Link to part two.] Use of vague concepts like “unconscionability” in price gouging laws creates problems. Businesses are not always sure what prices are legal under such laws, and as a result may price products uneconomically low or remove products from the market …
Michael Giberson From the inbox, a note from the Monterey Institute about their open position for an energy economist. Technically speaking they are advertising for a international trade & development position, but Monterey professor Jason Scorse said while they need someone for International Econ and Trade, they especially seek someone who can do energy economics …
Monterey Institute Looking for Energy/trade Economist Read More »
Michael Giberson A newspaper report said, “Internet and direct-mail sales have become essential to the growth of smaller winemakers and microbrewers in the last decade.” No doubt the reason that “distributors of alcoholic beverages are pressing for a federal law that would allow states to block interstate sales of wine and beer to their residents….” …
Defending the ‘three Tier’ Alcohol Distribution System Read More »
Lynne Kiesling Oh, yes, the old 80s girl in me loves the image on what just came in the mail: And the substance behind their point is equally, well, pointed: Yet within its first 100 days the Con-Lib coalition has emerged as a radical force. For the first time since Margaret Thatcher handbagged the world …
The Economist: (Sing with Me!)”Dave and Nick/are Punk Rockers” Read More »
Lynne Kiesling Thursday’s Wall Street Journal had an article on airline fuel economy, “A Prius With Wings vs. a Guzzler in the Clouds“, and it presents an analysis that is a good starting point for thinking about an economic comparison of the fuel efficiency of different modes of transportation. The analysis compares the fuel economy …
An Economic Analysis of Comparative Fuel Economy? Read More »
Michael Giberson Abe Othman at Constructive Economics has been reading Boone Pickens: T. Boone Pickens, from his autobiography The Luckiest Guy in the World: I believe the greatest opportunity lies in a free marketplace. There are powerful forces afoot trying to restrict that freedom in the interests of the vested and already wealthy. T. Boone …
Michael Giberson The upcoming highly publicized, somewhat politicized release of the Chevy Volt is attracting some unfavorable attention because of the significant dealer markup that at least some Chevrolet dealers are seeking. Edmunds AutoObserver reports being asked for $20,000 for the dealer in addition to the MSRP of $41,000. Around automotive blogs, the phrase “price …
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