Major sporting events can substantially boost demand for hotel rooms and, given the difficulty of building new hotels on short notice, lead to price hikes and consumer complaints about price gouging. As I wrote four years ago, “Super Bowls usually produce price gouging complaints,” but the complaints were especially high that year given the selection … More Elasticity of supply reduces hotel price spikes
Lynne Kiesling This week we have many introspective analyses of the consequences of an evil act perpetrated 10 years ago. Those consequences are a mix of good and bad, ranging from no successful coordinated attacks in the U.S. to foreign wars with gruesome human and financial costs. The consequences in which I am most interested, … More Be indomitable. Refuse to be terrorized.
Lynne Kiesling I am just back from a long weekend trip to Denver, to participate in Sunday’s Deer Creek Challenge bike ride. We did the metric century — 62 miles, with 7,022′ of elevation gain along the way. Pretty daunting for a flatlander! But this event was my “A race” (although not a race, but … More Biking and climbing and driving … and eating!
Michael Giberson Leigh Caldwell, at Knowing and Making, notes concerns raised by representatives of India’s government about unfair airline prices during the festival of Diwali. Caldwell mostly ignore the government’s chatter about unfair prices, but wonders how consumer reactions may influence company pricing decisions over time. I think he offers interesting speculations, but I think … More Unfair prices for holiday air travel in India? Any lasting effects?
Michael Giberson From the National Institute of Environmental Health Sciences Kids Pages, an earnest warning – accompanying the lyrics to the song Big Rock Candy Mountain – not to be lead astray by the wild (and extremely unhealthy!) images conjured up by the songwriter Harry “Haywire Mac” McClintock: IMPORTANT REMINDERS ABOUT THE LYRICS: Mr. McClintock’s song … More The fictional (and extremely unhealthy!) Big Rock Candy Mountain
Michael Giberson Phil Carson reports a few parting thoughts from last week’s IEEE Power and Energy Society’s Transmission and Distribution Conference in New Orleans. One of those thoughts centered on the last-mile link up of communications and energy systems: Marty Travers, president for telecommunications at Black & Veatch, reminded me that the “telecom” piece at … More Where water management meets electricity consumption, and other notes from New Orleans
Michael Giberson Today is a day celebrated as the day, 20 years ago, the Berlin Wall fell. Technically speaking, the wall itself was breached a few days after November 9, but this is the day an East German bureaucratic mix-up inadvertently and briefly allowed East Berliners free movement into the west. When combined with events … More The Fall of the Berlin Wall