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Everybody agrees that distracted drivers are bad drivers, whether the source of the distraction is a cell phone or a Double Whopper with Cheese. The issue is what to do about it. The Economist suggests that distracted driving should be treated like drunk driving with a mix of tough … By Robert Hahn, Peter Passell | Tags: distracted driving, drunk driving, Google, The Economist | Category: Quick Takes, Telecommunications Regulation |
 Leave a commentCheck out The Economist’s review of Tim Wu’s timely, if flawed, book The Master Switch. Wu doesn’t like the way information-based industries – think software or wireless networks – tend to grow more concentrated after an initial blossoming. As remedy, he recommends building regulatory walls … By Robert Hahn, Peter Passell | Tags: economies of scale, innovation, The Economist, The Master Switch, Wu | Category: Quick Takes, Theory of Regulation |
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Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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