Michael Giberson The blogosphere is a tinderbox and an errant spark can trigger a storm of fire. In this case the spark was a news story about a city fire department refusing to put out a house fire for a home outside the city limits. For Salon writer Alex Pareene, curiously, this story implies something …
Michael Giberson …yes: cocoa market manipulation says Craig Pirrong. He comes to that conclusion after his examination of price movements in cocoa markets revealed all the fingerprints of a classic squeeze. In brief, Pirrong compared July London cocoa prices against September and November London prices and July New York prices over a period from January …
Cocoa Market Manipulation? The Evidence Suggests… Read More »
Michael Giberson Troy Rule, a law professor at the University of Missouri, has a pair of articles applying Calabresi and Melamed’s “Cathedral Model” to rights in wind resources and solar resources. As Rule notes, the law remains unsettled on these resource issues, but the potential for conflict increases as these resources become more frequently exploited. …
Allocating Property Rights to Wind and Solar Resources Read More »
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