Economist Debate on Technological Progress

Lynne Kiesling The Economist recently did one of their periodic debates, this time on the pace and effects of technological progress. Moderator Ryan Avent framed the debate thus: This leads some scholars to conclude that accelerating technical change is an illusion. Autonomous vehicles and 3D printers are flashy but lack the transformative power of electricity … More Economist Debate on Technological Progress

Nrg Seeks Capacity Market for Texas

Michael Giberson Joe Ragan, a VP at Power generation company NRG, recently opined in the Houston Chronicle in favor of a capacity market for the ERCOT power grid in Texas. A capacity market provides what you might call “being there” payments to generators, whether the generator’s power turns out to be demanded in the market … More Nrg Seeks Capacity Market for Texas