Supply, Demand, and the Price of Electricity “Xcel Energy reported a 17 percent jump in earnings per share for the third quarter, but warned that electricity sales remain slack, and that it will seek a Minnesota rate increase.” —Star Tribune (10/26/2012). OK, so it’s been 30(!) years since I studied economics in college. And I...Read More
A Bigger Role for Home Warranties No, this isn’t a call about where housing prices are headed next year. Rather, it’s an observation that home warranties are becoming a bigger part of real estate sales. Background Local utility companies have offered home warranties for years now. The basic plan typically covers the home’s heating plant...Read More
Not So Xcellent No, this isn’t a post about how ordinary citizens no longer control this country’s financial laws, or economic policy generally. It’s about literally being without power in Minneapolis. From 9 a.m. Saturday morning until 6 p.m. Sunday night. With my in-laws staying with us. Just a Minute. Not. For non-Minnesotans reading this...Read More
