Cato’s Jerry Taylor Responds to My Provocation

Michael Giberson Jerry Taylor of the Cato Institute gives a thoughtful response to my criticisms of his editorial in the WSJ (with Peter Van Doren). He identifies two substantive arguments in my criticism and offers rebuttals, then he takes issue with my assertion that the editorial is little more than an implicit defense of the … More Cato’s Jerry Taylor Responds to My ProvocationMore Cato’s Jerry Taylor Responds to My Provocation

Has Wholesale Power Competition Increased Efficiency at Generating Plants?

Michael Giberson A forthcoming American Economic Review article was noted online by US News & World Report: Over the past two decades, huge swaths of the economy have been deregulated, from banking to electricity to airlines. But has competition increased efficiency? In a paper forthcoming in the American Economic Review, a group of academics from … More Has Wholesale Power Competition Increased Efficiency at Generating Plants?More Has Wholesale Power Competition Increased Efficiency at Generating Plants?