Michael Giberson The Montana-Alberta Tie Line, a transmission project linking Alberta and Western U.S. power markets, has stalled over the resistance of one landowner, who has claimed the proposed line would cross wetlands and native American heritage sites on her land. MATL tried exercising eminent domain last July to take the easement it wants, but …
Michael Giberson Last Friday, April 15, 2011, Mark Edge, of the Free Talk Live radio show, interviewed me on price gouging. Generally speaking, we discuss the recent article on price gouging appearing in Regulation magazine, and we agree that even if price hikes after emergencies are troubling, there just isn’t a better way to manage …
Michael Giberson The Arizona Court of Appeals has ruled that the Arizona Corporation Commission was acting within its authority when it decided to require utilities to secure a portion of their electric power from renewable resources. The Goldwater Institute had argued that the Commission’s authority was limited to setting rates and that the renewables mandate …
Michael Giberson Texans who have drawn there water supplies from the vast but shrinking Ogallala Aquifer are engaged in a complex process of clarifying and/or renegotiating a more exact notion of just what rights they have to access the resource. A story in the Sunday Lubbock Avalanche-Journal provides an update. Some clever “enviropreneurs”, to invoke …
How Can Property Rights in Subsurface Water Work in West Texas? Read More »
Michael Giberson Christopher Mims explains a “A Web Scam that Makes $500,000 a Month” in MIT’s Technology Review. In essence, a web programmer set up websites to generate revenue off of pay-per-click or pay-per-impression online advertising. That isn’t the interesting part, since many folks have tried to scam money this way. The interesting part is …
Michael Giberson The Spring 2011 issue of Regulation magazine carries my article, “The Problem with Price Gouging Laws.” One bit: Economists and policy analysts opposed to price gouging laws have relied on the simple logic of price controls: if you cap price increases during an emergency, you discourage conservation of needed goods at exactly the time they are in …
Michael Giberson ABC News last week tackled the question, “Are Gas Stations Price Gouging?” (2:23 min. video) Surprisingly, I liked this story, though (and probably because) they mostly sidestep their question about price gouging and instead go in pursuit of “the highest priced gasoline in America.” They find it at a convenience store just outside …
Michael Giberson Rob Harmon gave a TEDx talk last fall in Seattle on a market mechanism that links willing buyers and willing sellers in a way that protects in-stream water flows and helps restore stream ecosystems. Harmon was formerly with the Bonneville Environmental Foundation (BEF) in Portland, Oregon, where he was a developer of the …
Rob Harmon at Tedxranier: How the Market Can Keep Streams Flowing Read More »
Michael Giberson Criticisms of the growing field of empirical legal studies by UCLA law professor Stephen Bainbridge were issued in such broad brush strokes that he ended up blasting just about every law academic engaged in any sort of interdisciplinary work, especially so if the academic seeks to examine data of some sort. The main …
Michael Giberson Clarity in the law is usually deemed a virtue. Groundwater planning processes implemented in Texas a few years ago have led to a few legal fights and the legislature has taken up groundwater law to help clear up some of the confusion. The conflict has arisen when groundwater management districts issue landowners permits …
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