The Hidden Rules of Conversation

Richard Epstein, “A History of Public Utility Regulation in the Supreme Court”

Why did wholesale power prices in California go negative last year

$5.2 billion in rail spending since 2003 budget @JulieAnneGenter @JordNZ

$5.2 billion in rail spending since the 2003 budget! This $5.2 billion does not include any spending on urban rail, commuter train networks or their electrification. The $5.2 billion since the 2003 budget is for the passenger and freight network, not the urban metro contracts

image

Source: New Zealand Budget Papers, various years.

Desperately waiting for that dividend the taxpayers lose if any of these assets are privatised. The spending listed below in the two charts includes loans, capital injections and the purchase of the track and of the train operator itself. The latter was purchased for $690 million which was soon written down to zero.

image

Source: New Zealand Budget Papers, various years.

There is no table because the table format breaks down when blogged.

At various times, OnTrack and KiwiRail was subsidiaries of the New Zealand Railways Corporation, which was the holding company. Now OnTrack is a division of KiwiRail.

Map of cables laid internationally

How to tell someone’s age by knowing her name

Each language’s equivalent of "it’s all Greek to me"

Apple shouldn’t be doing this according to natural monopoly theory

How many speak each language?

How infectious is measles?

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