Monthly Archives: February 2012
Natural Gas Exploration and Sliding Along Supply or Shifting
February 29, 2012 at 11:37 pm
Here is a nice article from the Baton Rouge Advocate on natural gas suppliers adjusting to lower prices. In the article, you will see two main ideas discussed. One is how technology has changed the producers’ costs. The other is how price changes have affected drilling. Which changes supply, what in class we have called [...]
Scarcity in the wireless spectrum
February 21, 2012 at 12:31 pm
We have, so far, treated the wireless spectrum as a free resource, expanding use until hitting the brick wall of scarcity. Take look at this article from CNN Money by David Goldman. If we treat it as a free good after it becomes scarce, some who have unimportant uses will eat up the airwaves while those [...]