Economics

Blog Recommendation: Structured Thinking

Lynne Kiesling I would like to bring the blog Structured Thinking to your attention. Structured Thinking captures the ideas of a group of folks at Pacific Northwest National Laboratory who do a range of energy-related and building-related research. For example, one recent post highlights a topic of great interest to me: behavioral economics and “keeping …

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Wind Power: My Advice to Free Market Critics

Michael Giberson I have a longish guest post, “Windpower: Focusing the Criticism Away from NIMBYism and Aesthetics,” up at Master Resource, Rob Bradley’s free market energy blog.  In general, in the post I offer advice to free-market-oriented critics of wind power, urging them to focus on the distortionary policy problems and to stay away from …

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A Monday Morning Smart Grid Roundup

Lynne Kiesling The development and evolution of smart grid technologies, policies, and investments continues apace. Some interesting contributions to the discussion are: A Popular Science article on “reinventing the grid”: Despite the over-the-top rhetoric that incorrectly focuses on “reinvention” instead of evolution, this article provides a reasonable overview of the current technology and policy issues. …

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Ftc Finds No Evidence of Illegal Activity After Investigation of Western New York Gasoline Prices

Michael Giberson Apparently you just have to know who to ask. Yesterday, the FTC sent me a copy of the FTC letter to Representative Brian Higgins describing the agency’s investigation of Western New York gasoline prices last fall. (For background see this earlier post and here.) Be aware that here begins a very long post …

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Endangered Species for Sale, for Their Own Good and Ours

Lynne Kiesling At Aguanomics, David Zetland takes on a topic that I find greatly interesting and important — using private property rights to conserve endangered species, reduce poaching, and enable indigenous communities who live around such animals to thrive without species extinction as a consequence. In fact, one of my first-ever posts back in 2002 …

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Informal Networks As Social Insurance

Lynne Kiesling Nancy Folbre has an interesting post about informal safety networks on the New York Times Economix blog. She observes that during economic downturns, those in need of assistance can avail themselves of either formal public assistance or informal assistance through family, friends, and social networks. This coexistence of public and private has been …

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FERC Directs New York Power System Operator to Fix “Loop Flow” Scheduling Problem

Michael Giberson Today the FERC approved public release of the results of an internal staff investigation into allegations of “loop flow”-based market manipulations in the New York ISO market (see links below): In this order, we authorize the public disclosure of the attached Office of Enforcement Staff Report (OE Report) addressing its non-public investigation of …

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More on the FTC and Western New York Gasoline Prices

Michael Giberson Following up on the earlier post, a recent FTC document details the agency’s activities addressing the oil and gas industry during the first six months of 2009. Of the investigation into gasoline prices in Western New York, the FTC said: The Commission’s work involving oil and natural gas also includes the examination of …

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