Lynne Kiesling In late July I spoke at Cato University, which was great; I met so many interesting and thoughtful people, and learned a lot from my fellow participants and speakers. I’m also happy that Cato has made the presentation notes and recordings of the presentations available on their website, so you can see and …
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, …
Lynne Kiesling In 2011, roughly fifteen years after the passage of the first state-level electricity regulation restructuring legislation (in states like California, Pennsylvania, Maine, …), retail competition for residential customers remains anemic in most of the 15 states + DC that have implemented restructuring and allow retail choice. Lots of possible theories exist for such …
Electricity Restructuring and the Failure to Quarantine the Monopoly Read More »
Lynne Kiesling I’ve just returned from a conference on regulation in Bulgaria organized by the Istituto Bruno Leoni, a classical liberal think tank in Italy that does a lot of extremely good work developing and applying classical liberal principles and ideas to public policy issues in Italy and Europe. The topics included financial markets regulation, …
Lynne Kiesling As Jonathan Adler notes at the Volokh Conspiracy, the Wisconsin legislature is considering a piece of legislation that would change the regulations governing the production, wholesale distribution, and retail sale of beer in Wisconsin. The controversial provision in this legislation is one that prevents brewers from owning wholesale distributors, and the controversy arises …
Distortionary Effects of Three-tier Liquor Regulation, Wisconsin Edition Read More »
Lynne Kiesling Here at KP we study and analyze and talk a lot about government regulation of economic activity. But one thing to which we have not been particularly attentive is the rhetoric of regulation — what meaning, explicit and implicit, do we attach to the word “regulation”? Into this breach comes an excellent Freeman …
The Rhetoric of Regulation: Free Markets Are Regulated Read More »
Michael Giberson An NPR Morning Edition story, “Indie Truckers: Keep Big Brother Out Of My Cab,” reports on a change of attitude at the American Trucking Association toward proposals for mandatory electronic logging of long-haul truck movements. This month, an industry group called the American Trucking Associations, which represents thousands of trucking companies, dropped its …
Lynne Kiesling This article in the Wall Street Journal last week got less attention than I expected (perhaps because of budget, Libya, etc. news). It’s a very good analysis of bureaucrat v. bureaucrat competition between the DOJ and the FTC on which agency will take the lead in prosecuting antitrust cases: Both agencies are charged …
Lynne Kiesling Like other economists, I was intrigued by President Obama’s op-ed in Tuesday’s Wall Street Journal about streamlining federal regulation. Like Matthew Kahn, I see the influence of Austan Goolsbee here, as well as Cass Sunstein; like Tim Haab, I think this is a salutary call for more, and more consistent, application of cost-benefit …
Is Rationalizing Regulation Even Possible Through Political Processes? Read More »
Lynne Kiesling In early December I had the pleasure of delivering some lunch remarks at the Grid-Interop conference in Chicago. Grid-Interop is a great place for those interested in innovation in the electricity industry to share ideas about technology, business models, the interoperability that enables such creativity, and the role of economic regulation in how …
My Grid-interop Talk: Regulation’s Role in Stifling Innovation Read More »
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