Elephant Diaries: What Business Are We In?

The New York Times story about hyperlocal news offers a reminder of the mistake we’ve been making in the news biz: And so far, they have had only limited success selling ads. Remember the railroad metaphor. The discussion suggests the continued mistake of thinking we’re in the news business. We’ve been extraordinarily successful in delivering …

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Cochiti

IMG_0252 Originally uploaded by heinemanfleck. That’s the Rio Grande you see there – the entire Rio Grande, as it leaves Cochiti Dam 40 river miles north of Albuquerque. It was flowing at about 1,000 cubic feet per second today when Lissa and I drove by during a Sunday wander. Cochiti, completed in the early 1970s, …

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Elephant Diaries: A New Business Model

Via a tweet from Janet Stemwedel yesterday, a brilliant new business model has emerged. Here’s what she said: @jfleck Did you not get the memo? The internet is killing print media. (And, I presume, making it harder to wrap fish and line cages.) We’ve beent thinking about this all wrong. We’ve been mistakenly thinking we …

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Action at the state level? No again.

In a parallel to previous discussion of resistance to state-leve cap-and-trade measures, Kate Galbraith has a roundup of failures to increase gasoline taxes at the state level: One by one, the state-level proposals to boost the gas tax — which I wrote about in January — are, well, running out of gas. The latest casualty …

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Unknowability

One of our great difficulties, whether the subject is climate change or the economy, is the problem of decision-making in the face of uncertainty. We want to know the right answer, and the lack of one makes us uncomfortable. But, as Win Quigley points out, sometimes that’s just the way it is: Every economist and …

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