Technology Makes Visiting London All the More Fun!

Lynne Kiesling I’m going to spend a couple of days in London on the way home from my conference, and in the course of looking up a shop address I found this fantastic resource: Street Sensation. For many neighborhoods in London, you click on a map and there will be a panning landscape of all … More Technology Makes Visiting London All the More Fun!More Technology Makes Visiting London All the More Fun!

Schumpeter, Coase, and Hayek

Lynne Kiesling The last couple of weeks have been crazy here in KP land, with things I’ll be able to share in a bit. Today I am off to England (YAY!) for a Liberty Fund conference that I helped to organize. The readings are selections from Schumpeter, Coase, and Hayek. Here’s the motivation: lots of … More Schumpeter, Coase, and HayekMore Schumpeter, Coase, and Hayek

State Lawmakers and Retail Electric Competition

Lynne Kiesling I’d like to chime in a little bit on the point that Mike just raised about state lawmakers and retail competition. Although there’s plenty of blame to go around with respect to the inertial state of retail competition, I believe the primary cause is the incentives facing state legislators. State regulators operate under … More State Lawmakers and Retail Electric CompetitionMore State Lawmakers and Retail Electric Competition

Did the Court’s Billion Dollar Result Rely on Invented Analysis by Commission Staff?

Michael Giberson A letter sent to FERC commissioners by a couple of high-paid economic consultants starts innocently enough: In light of two recent decisions of the United States Court of Appeals for the Ninth Circuit, we write to identify concerns regarding the analysis presented in the Federal Energy Regulatory Commission (“FERC” or the “Commission”) Staff’s … More Did the Court’s Billion Dollar Result Rely on Invented Analysis by Commission Staff?More Did the Court’s Billion Dollar Result Rely on Invented Analysis by Commission Staff?

FERC Chairman: State Lawmakers to Blame for Retail Competition Failures

Michael Giberson FERC Chairman Joseph Kelliher reached out to state policy makers in an effort to pass the blame for any failures of competitive retail power markets. As reported by Platts Electric Power Daily, in remarks to the American Bar Association Kelliher said some states have incorrectly blamed what they call lack of competition in … More FERC Chairman: State Lawmakers to Blame for Retail Competition FailuresMore FERC Chairman: State Lawmakers to Blame for Retail Competition Failures