Texas Price Gouging Law is Backfiring

Halea Walker and I have an op-ed appearing in the Dallas Morning News explaining that Texas’s anti-price gouging law comes with some unintended consequences. What I most want to say about price gouging laws is, in effect, “if you mess with price discovery, you’re going to have a bad time.” Unfortunately, that claim does not … More Texas Price Gouging Law is Backfiring

Richard Rhodes, “Energy: A Human History”

Richard Rhodes has written an amazing book. He aspired to tell the tales of energy transitions over the past 400 years. His Energy: A Human History accomplishes that task. The book is daunting in size for non-required reading. It is filled with brief stories of this or that device or discovery or development, and almost overwhelming … More Richard Rhodes, “Energy: A Human History”

The Uk Smart Meter Transition: Industry Structure, Market Power, and Interoperability

The UK government started an energy digital smart meter rollout in 2008, an “… £11bn scheme to put 53m devices in 30m homes and small businesses by 2020” to yield an estimated gross benefit of £16.7bn. Calling the rollout a disaster would be generous — it’s behind schedule, about £1bn over budget, and full of technical … More The Uk Smart Meter Transition: Industry Structure, Market Power, and Interoperability