The “utility death spiral”: The utility as a regulatory creation

Unless you follow the electricity industry you may not be aware of the past year’s discussion of the impending “utility death spiral”, ably summarized in this Clean Energy Group post: There have been several reports out recently predicting that solar + storage systems will soon reach cost parity with grid-purchased electricity, thus presenting the first … More The “utility death spiral”: The utility as a regulatory creation

Online Library of Liberty forum on McCloskey’s Bourgeois Era

At its Online Library of Liberty, Liberty Fund hosts a monthly “Liberty Matters” forum in which a set of scholars discusses a particular set of ideas. This month’s forum features Deirdre McCloskey‘s Bourgeois Era series of books, two of which have been published (Bourgeois Virtues, Bourgeois Dignity). McCloskey’s main argument is that the various material … More Online Library of Liberty forum on McCloskey’s Bourgeois Era

The political economy of Uber’s multi-dimensional creative destruction

Over the past week it’s been hard to keep up with the news about Uber. Uber’s creative destruction is rapid, and occurring on multiple dimensions in different places. And while the focus right now is on Uber’s disruption in the shared transportation market, I suspect that more disruption will arise in other markets too. Start … More The political economy of Uber’s multi-dimensional creative destruction

Pauline Maier on colonial radicalism

With Independence Day upon us, my bedtime reading for the past couple of weeks has become timely. Pauline Maier, the MIT historian who unfortunately passed away last year, published From Resistance to Revolution in 1972. It’s a carefully researched and well-written account, weaving together reports from contemporaneous sources, of the increasing radicalization of American colonists … More Pauline Maier on colonial radicalism