Economics

Sanchez on Netflix

Lynne Kiesling You probably received the same apologetic email from Reed Hastings of Netflix that I did on Monday, stating the impending decision to split Netflix’s streaming business and its DVD subscription business. Foresightful or bad business decision, PR nightmare, or all of the above? The best analysis of its likely drivers and impacts is …

Sanchez on Netflix Read More »

Resiliency Comes from More Risk of Bank Failure, Not Less

Lynne Kiesling In the always-smart-and-interesting City AM paper from London, Anthony Evans makes an important argument that has been overlooked in financial regulation debates: risk of failure is what creates system resilience, and regulation creates brittle monocultures. He writes in the context of last week’s Independent Commission on Banking (ICB) recommendations for creating regulatory divisions …

Resiliency Comes from More Risk of Bank Failure, Not Less Read More »

Quality, Broadband, and Spectrum: What the Doj’s At&t/T-Mobile Lawsuit Misses

Lynne Kiesling Yesterday’s announcement that the US DOJ would challenge the merger of AT&T’s wireless business with T-Mobile’s was surprising, and their approach to the merger seems to be more conventional and rooted in old HHI-market share and price effect metrics. Their analysis suggests that due to the substantial overlap in the existing separate AT&T …

Quality, Broadband, and Spectrum: What the Doj’s At&t/T-Mobile Lawsuit Misses Read More »

Whales and Electricity, and Sustainability

Lynne Kiesling A few weeks ago I was thrilled to speak at the inaugural Summer Institute on Sustainability and Energy, organized by the University of Illinois-Chicago in partnership with Argonne National Laboratory, Northwestern University, Illinois Institute of Technology, and the University of Chicago. The students were from diverse fields and between them and the other …

Whales and Electricity, and Sustainability Read More »

Smart Appliances and the Innovation Cycle

Lynne Kiesling Appliance and consumer electronics manufacturers are starting to incorporate digital technology with energy-related applications into their products … but as with most new technologies, the first commercial stage of the innovation cycle takes the form of “because we can” product differentiation rather than use-specific innovation. Take the example that Technology Review highlighted this …

Smart Appliances and the Innovation Cycle Read More »

Google, Motorola, and the Effects of Vertical Integration

Lynne Kiesling Yesterday Google announced its purchase of Motorola Mobility, the device manufacturing half of the former Motorola. Today’s Wall Street Journal has a front page full of stories about this move, including “Bid Comes Amid Tougher Scrutiny” (You know how to read this even though it’s subscriber-only, right? Do a search at a news …

Google, Motorola, and the Effects of Vertical Integration Read More »

Lomborg and Haab on Light Bulbs and Technology

Lynne Kiesling Thanks to Tim Haab for pointing us to this excellent observation from Bjorn Lomborg about innovation, regulation, and environmental quality: Real reductions in carbon emissions will occur only when better technology makes it worthwhile for individuals and businesses to change their behavior. CFLs and other advances can take us part of the way, …

Lomborg and Haab on Light Bulbs and Technology Read More »