EnergyWire reports, “FERC’s Clark looks to states for help fixing dysfunctional markets.” It is, I guess, a reasonable impulse. Given the way regulatory authority over the electric power industry is currently divided between the feds and the states, there are limits on what the one can do without the other. We saw in the fate …
FERC’s Clark Looks to States for Help with Regional Markets Read More »
I’m pleased that someone picked up on my offhand mention of the likelihood that deep and broad NSA surveillance will have a negative effect on the value of the Internet as a commercial platform for value creation and posted the link on reddit. Thanks! Since I didn’t intend to provide any in-depth analysis on that …
James Fallows on Surveillance’s Effect on the Commercial Internet Read More »
Lynne Kiesling [vimeo 67140603 w=500 h=281] You may know John Stuart Mill the utilitarian philosopher, the JS Mill of On Liberty and of Utilitarianism. You may know him as the philosopher who can’t hold his shandy in the Monty Python philosopher’s song. [youtube=http://www.youtube.com/watch?v=m_WRFJwGsbY] What you may not know is how important an economist Mill was. …
History of Economic Thought Course Video: John Stuart Mill Read More »
Lynne Kiesling Apparently I’m not the only one musing on the relationship between social media and RSS readers. Since I wrote the previous post, this Ars Technica post has suggested that Google will fold Reader into Google+. To which I respond: Meh. Too social. Too visual. Not mobile friendly because it uses too much screen …
Google Reader Coda: Will It Become Social Media? Read More »
Lynne Kiesling Happy New Year to all of you, and best wishes for a productive and peaceful 2013.
Lynne Kiesling Remember the first time you bought a mobile phone (which in my case was 1995). You may have been happy with your land line phone, but this new mobile phone thing looks like it would be really handy in an emergency, so you-in-1995 said sure, I’ll get a cell phone, but not really …
We are updating the theme here, particularly to streamline it and make it read well on a variety of devices and platforms. Comments welcome!
Michael Giberson Consumers remain wary of attempts to manipulate energy markets, but it can be hard for consumers to tell when markets are being manipulated. For example, JP Morgan has been accused of manipulating the California ISO power market, but the company denies the accusation. The markets are complicated, the regulatory filings in the complaint …
Lynne Kiesling Today in Forbes Art Carden has an essay arguing that we should end the War on Drugs and make marijuana legal, now. He’s right. Here’s why. As Art argues, the War on Drugs is a policy poster child for unintended consequences, because the inelastic demand for the regulated good means that stronger enforcement …
Lynne Kiesling I am thrilled to welcome my friend, knitting buddy, poetry expert, and all around Renaissance woman Sarah Skwire as a guest blogger! Sarah’s incisive intellect enables her to see connections across literature, economics, and political theory, and we welcome her insightfulness whenever the economics bug bites. Welcome, Sarah.
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