By way of an introduction to the new Progress & Freedom Foundation weblog, I would like to point out the observations there from Tom Lenard, a fellow free-market energy economist and fan of dynamism. Tom’s take on the energy bill is not as bleak and depressing as mine, and he is correctly comparing the likely …
Senate May Slow Energy Bill, But Not Stop It. Note that one of the dimensions of Democrat support for the bill is ethanol: A sizable number of Democrats from central states were expected to join Republicans in voting for the bill, however. They cited provisions to double the use of ethanol, distilled from corn, and …
The energy bill that has passed the House and awaits a Senate vote removes the EPA’s fuel oxygenate requirement. Congress should be congratulated for acting on the EPA’s analysis from 1999 showing ethanol and other fuel oxygenate additives do not help clean the air, and their recommendation that oxygenate requirements be eliminated. But choosing to …
Well, I was going to link to the Deloitte Consulting study on road pricing that Adrian Moore told me about, but Alex Tabarrok already beat me to it. The study gives a nice overview of the London congestion charge. Electricity is one of the most poorly allocated goods in the world, because of the lack …
Well, while I was off working and not paying terribly close attention to matters non-electric, Brad DeLong struck on a topic that is near and dear to my heart, as many of you know: Jane Austen, and particularly Pride & Prejudice. He even linked to The Republic of Pemberley, a must-read on my daily tromp …
The conference committee finally pushed through the energy bill on Friday. Here’s a list of stories addressing the merits, or serious lack thereof, in the legislation. Overview of the bill from the Washington Post, reflecting the general conclusion that little will be gained from this very expensive bill. “GOP touts energy bill, but provides few …
I am on the back end of a work trip, and am thus unlikely to have much time today for posts. Fortunately, Carnival of the Capitalists is up over at Professor Bainbridge’s place. I was a total flake and spaced sending him my fishing property rights post, but oh well … there’s a lot of …
A final juicy tidbit today is this New York Times article on hydrogen.: Widespread hydrogen use has been enthusiastically embraced by major corporations and environmentalists alike as a panacea for global warming and the depletion of fossil fuels, and is a particular favorite of the Bush administration. But skeptics, and even some hydrogen advocates, say …
Today is a heavy teaching day, and may well be a heavy writing day if the muse does not come and sit on my shoulder and whisper into my ear what I should be writing.
Kevin Brancato has a beautiful post in response to Tyler Cowen’s musings about gas price and full service regulations. Kevin puts it clearly, in a way I wish I had said myself: Let me state my views bluntly: perfect competition is a myth! I would be shocked to find any markets that function like some …
Copyright © 2022 Knowledge Problem Archive