Lynne Kiesling Just a quick note to bring your attention to, and endorse, the point Don Boudreaux made in a recent letter to the editor of the Washington Post: To the extent that trade – both national and international – is restricted, incumbent capitalists are shielded from what Joseph Schumpeter called the “gale of creative …
Boudreaux on Populism and Corporatist Capitalism Read More »
Lynne Kiesling Love it, just love it! Check out more information and details at Econstories.tv. [youtube=http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=player_embedded]
Michael Giberson Reports from Haiti suggest that prices for many useful and necessary goods have jumped considerably since the earthquake. Candles, matches, ice, water, food items, bus trips from the capital, petrol, plastic sandals, charcoal, rice, sugar – the list of items now selling at dramatically higher prices seems endless. Last week I suggested that …
Michael Giberson One bill,, submitted to the New York State Assembly last year (but, so far as I can tell, not passed into law; ADDED: See status note below.), proposes to grant consumers a private right of action when they become victims of price gouging in times of emergency. Currently only the state’s Attorney General …
Lynne Kiesling Courtesy of Tim Harford’s blog at the Financial Times (which you should be following, or following via Twitter) is a link to this “Devils and Details” post from Bob Hahn’s and Peter Passell’s new blog, Regulation 2.0. Their comment and the links embedded in the post are worth considering on the topic of …
Michael Giberson Many keystrokes this week have been devoted to praising or damning the Supreme Court decision in Citizens United v. Federal Election Commission. I’m inclined to agree with the praisers, but others are more competent to address the legal and political issues addressed by the court. I just want to pass along a useful …
The Founders Were Deeply Skeptical of Corporations Read More »
Michael Giberson A “price gouging” search brings up pre-holiday complaints about the online secondary markets for Zhu Zhu Pets (like via Amazon and eBay): There is a move on auction sites such as Amazon and eBay calling for buyers to boycott any vendor who is price gouging the public on the much wanted Zhu Zhu …
Pre-holiday Price Gouging: The View from Six Weeks Later Read More »
Lynne Kiesling Many thanks to Pete Boettke for his endorsement of me and of Knowledge Problem as resources for energy economics (and particularly energy-related economics from a coordination perspective). I think of Pete and his fellow bloggers at Coordination Problem as some of our closest fellow travelers in intellectual space, and am thus honored by …
Lynne Kiesling Tom Casten, a pioneer of recycled waste energy and combined heat and power technologies, recently received a well-deserved Inspiring Efficiency-Leadership award from the Midwest Energy Efficiency Alliance. For some background on Tom’s outstanding work that aligns economic profit and environmental benefit, this Atlantic article from May 2008 is a good place to start. …
Lynne Kiesling Jim Surowiecki has a New Yorker column on cable bundling that does a good job of explaining some of the reasons why bundling benefits all interested parties in the transaction — the cable provider, the content provider, and the consumer. His analysis provides several examples of comparing a policy with the most likely …
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