Sitemap - 2023 - Knowledge Problem

A brief hiatus

The Continuing Relevance of Adam Smith's "Man of System"

Governing the Commons

Market Design and Negative Prices

The Knowledge Problem and Institutions

Market Design in Regulated Industries

NEPA Reform and Infrastructure

Anatomy of Market Failure IV: Ostrom and Governance

Anatomy of Market Failure III: Coase, Transaction Costs, and Missing Markets

Anatomy of Market Failure II: Pareto-Relevant Externality

Anatomy of Market Failure I: Pigou and Polluter Pays

The Misuse and Abuse of "Market Failure"

Subsidies, External Costs, and Deadweight Loss

Electric-Gas Interdependence: History and Transaction Cost Economics

What Makes A Market A Market?

Epistemology and Synthetic Market Design: Examples from Ecosystem Services

Market Adaptation to Changing Conditions

Regulation's Role in Stifling Innovation

Water, Water Everywhere, and Nary a Drop to Trade

Markets Are Knowledge Ecosystems

ShackledAI

Supply AND Demand

Disruptive Innovation and the Regulated Utility

The State Senate is Messing with Texas

The Economist on New Electricity Technologies

Join me on Notes

Coase GPT

Is Network Reliability a Public Good?

People are People: Public Choice and the Logic of Collective Action

Permissionless Innovation in Electricity: The Benefits of Experimentation

Vertical Integration and Wholesale Power Markets

Vertical Integration and the Make-or-Buy Decision: Electricity and Cruise Boats

Should regulated utilities be prevented from owning EV charging assets?

Electricity Restructuring and the Failure to Quarantine the Monopoly

Economic Foundations: Natural Monopoly Theory II

Why Does a Theory of Competition Matter for Electricity Regulation?

Economic Foundations: Natural Monopoly Theory I

Have Electricity Prices Risen Due to Market Power?

The New York Times on Electricity Pricing