How fear affects policy: Adam Thierer on technopanics

Lynne Kiesling Fear is a strong motivating factor, having evolved over millennia as we have protected ourselves against predators. Fear supports self-preservation by making us risk-averse and cautious. But such a deep, visceral, evolved emotion does not always serve our long-term objectives of thriving; it leads to maximin outcomes, and it is often mismatched to … More How fear affects policy: Adam Thierer on technopanics

Bedbugs, public policy, and relative risk assessment

Lynne Kiesling Over the past few weeks I’ve been paying some attention to the increasing, and spreading, bedbug infestations in the U.S. I’m not particularly squeamish, but bedbugs are rapacious colony-dwelling critters that can survive for a year without food, feast on the blood of sleeping animals (humans YUM YUM), and colonize easily in mattresses … More Bedbugs, public policy, and relative risk assessment

What fixed vs. flexible retail power rates in Texas tell us about wind power in the ERCOT market

In parts of north Texas, electric retailers in effect are willing to pay consumers a little bit in exchange for the retailer taking on price risk. Crazy, right? No, it isn’t crazy, it is wind power. … More What fixed vs. flexible retail power rates in Texas tell us about wind power in the ERCOT market