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Cato Daily PodcastCato Daily PodcastIs Rooftop Solar a Threat to Stable Electricity?Big energy facilities make the grid more stable, but rooftop solar reduces the need for those plants. Regulators have a hard time negotiating the tension. Economist Lynne Kiesling comments. Hosted on Acast. See acast.com/privacy for more information.2025-04-0322 minPublic Power UndergroundPublic Power UndergroundLynne Kiesling, Congestible Public Goods, and Common Pool ResourcesA discussion about public goods and what classifying services as common pool resources, congestible public goods, or club goods means for grid planning and market design.Lynne Kiesling joins Ahlmahz Negash, Conleigh Byers, Farhad Billimoria, and Paul Dockery to discuss the classification system used in economics to distinguish public goods from private goods and what classifying some services as common pool resources means for grid planning and market design.Lynne Kiesling is an economist focusing on regulation, market design, and the economics of digitization and smart grid technologies in the electricity industry. She is Director...2024-07-241h 50The Answer Is Transaction CostsThe Answer Is Transaction CostsDesert Town Dilemmas and the Problem of Property RightsSend us a text We embark on a journey through the lenses of Hume, Smith, and Coase, piecing together the roles of observation and empirical study in shaping our understanding of societal conventions and moral philosophy. David Schmidtz recounts a defining moment from his academic path, sparking a robust discussion on the fusion of economics with moral considerations in the realm of ownership and resource distribution.The discussion with David delves into the essence of property ownership, dissecting what it means to hold rights over something as abstract as an idea or as concrete as l...2024-05-011h 01DER Task ForceDER Task Force#49 The Queen of Power Markets, Lynne KieslingWe’re back! This time with Lynne Kiesling, Director of the Institute for Regulatory Law & Economics (IRLE) at Northwestern University.Lynne is an Economist who has been working on power systems issues since the early 2000s, with a focus on power markets, transactive energy, and “quarantining the monopoly” as she says.Lynne was a panelist at DERVOS, as paying subscribers know from our previously released episode. We felt her Hayekian perspective (distributed, emergent, local) rounded out those from Matt Huber (big, planned, federal) and Pier LaFarge (distributed, planned, local), and she graciously agreed to jump on the...2024-02-271h 23The Answer Is Transaction CostsThe Answer Is Transaction CostsCurrent Event: Smart Grids, DERs, and the Economics of EnergySend us a textUnlock the secrets of the energy market evolution with economist Professor Lynn Kiesling, who brings her expertise on transaction costs and the digital transformation of the electricity industry to our table. Our energized discussion orbits around the innovative world of Distributed Energy Resources (DERs), where we explore the shift from consumers to proactive producers, thanks to technologies like rooftop solar panels and home energy storage. Professor Kiesling, drawing from her academic journey and reverence for Ronald Coase's work, delves into the institutional structure of production within firms and imparts her wisdom on navigating...2024-01-301h 12Local Energy RulesLocal Energy RulesStopping the Spread of Monopolies — Episode 195 of Local Energy RulesTo protect competitive markets, we must quarantine regulated monopolies. For this episode of the Local Energy Rules Podcast, host John Farrell is joined by Lynne Kiesling, Director of the Institute for Regulatory Law & Economics at Northwestern University and Research professor at the University of Colorado Denver. Kiesling explains why allowing incumbent monopolies into new […]2023-10-2550 minEssential ScholarsEssential ScholarsRonald Coase Part 2: Markets Don’t Fail, They Fail to ExistDr. Lynne Kiesling, author of The Essential Ronald Coase, once again joins host Rosemarie Fike to discuss Ronald Coase, specifically his theory of markets and what exactly prevents them from naturally emerging. See omnystudio.com/listener for privacy information.2023-09-2047 minEssential ScholarsEssential ScholarsRonald Coase Part 1: Reconciling Theory with RealityDr. Lynne Kiesling, author of The Essential Ronald Coase, joins host Rosemarie Fike to discuss Ronald Coase, one of the most influential economic thinkers of the 20th century, including his dissection of Price Theory in favour of real market evidence and tenure at the University of Chicago Law School that eventually lead to his Nobel Prize.See omnystudio.com/listener for privacy information.2023-09-0645 minEnergy Solutions: A Podcast From EPSAEnergy Solutions: A Podcast From EPSAThe Complex World of Power Markets ft. Economist Lynne KieslingAs the world rapidly changes and new challenges emerge, many are questioning the best way to continue providing safe, reliable, cost-effective, and cleaner power. For some, that means reforming electric power markets. For others, it could mean doing away with competition entirely. In this episode, Lynne Kiesling, an economist and expert on electric competition unpacks the complex world of power markets, their benefits as compared to a vertically integrated model, what critics get wrong, and what’s on the horizon for new energy solutions.  Liked this episode? Share it on X @EPSANews or LinkedIn at Electric Power Sup...2023-05-2341 minEssential ScholarsEssential ScholarsRose Friedman and Mary Paley Marshall: Neck(s) of the OperationLynne Kiesling, co-author of the Essential Women of Liberty, joins host Rosemarie Fike to discuss the critical behind-the-scenes work done by Rose Friedman and Mary Paley Marshall—two women who, despite not having very public-facing roles when it came to their respective husbands' careers, both collaborated with and made invaluable contributions to not only the work of their partners, but the field of economics entire.See omnystudio.com/listener for privacy information.2023-05-1745 minThe Jim Rutt ShowThe Jim Rutt ShowEP 180 Lynne Kiesling on the Electrical GridJim talks with Lynne Kiesling about the electrical grid and what could and should change in its architecture in the years to come. They discuss electricity as a product, the move away from centralized control rooms, energy storage as the holy grail, base load vs peak load, distributed & intermittent energy resources, moving power to & from the grid, temporal patterns of supply & usage, varying demand to meet supply, programming thermostats, digitization of the electric grid, how rooftop solar systems coordinate with the grid, distributed energy resource management systems, advancements in storage, cyberattacks & solar flares, the Transactive Energy Service System (TESS), machine...2023-03-031h 2025 Pensatori Liberali25 Pensatori Liberali#21: Ronald Coase, con Carlo Stagnaro - 25 Pensatori LiberaliSe un economista decidesse di studiare i cavalli, non andrebbe ad osservarli. Si metterebbe comodo nel suo studio e comincerebbe col chiedersi: “cosa farei io se fossi un cavallo?” - Ronald CoaseRonald Coase ebbe una vita lunga e straordinariamente produttiva. Nato nel 1910, morì nel 2013, all’età di 103 anni. Studiò alla London School of Economics, subendo l’influenza di Arnold Plant ed Edwin Cannan. Erano gli anni ’30 e Coase esordì pubblicando “La natura dell’impresa” (1937), in cui esaminava a fondo le argomentazioni sull’allocazione dei fattori produttivi che provenivano sia dal campo liberale che da quello socialista. I successivi lavori di...2022-12-1518 minDanielle Smith\'s Fraser ForumDanielle Smith's Fraser ForumAlternating Currents: re-examining electricity markets in CanadaResearch professor in the School of Engineering, Design and Computing at the University of Colorado-Denver, co-director of the Institute for Regulatory Law & Economics, and senior fellow at the Fraser Institute, Lynne Kiesling, joins me this week to talk about the role electricity markets play in incentivizing business and the multifaceted policy implications that come with them. We even discuss the famed "War of the Currents".See omnystudio.com/listener for privacy information.2022-01-211h 24The Energy Markets PodcastThe Energy Markets PodcastS1E10: Economist Lynne Kiesling discusses the need to promote technology innovation as policy makers seek a zero-emissions grid.University of Colorado economist Lynne Kiesling, recently appointed to DOE's electricity advisory panel, discusses the need for policy makers to promote technology innovation as part of efforts to decarbonize the grid in response to climate change.Support the show2021-12-2855 minNebraska Governance and Technology CenterNebraska Governance and Technology CenterNGTC Lecture Series: The Political Economy of TechnologyThe Nebraska Governance and Technology Center host economist Lynne Kiesling to talk about the Economy of Technology, as part of its Spring Lecture Series. Lynne Kiesling is a Visiting Associate Professor in the department of Engineering and Public Policy at Carnegie Mellon University. Most recently, Lynne was a Visiting Associate Professor in Economics at Purdue University, and the Associate Director of the Purdue University Research Center in Economics. Prior to that, Lynne was an Associate Professor of Instruction in the Department of Economics at Northwestern University, where she was also a Faculty Affiliate and Director of the Electricity Policy Program...2021-03-0500 minWords & NumbersWords & NumbersEpisode 203: Alternative Energy and Economies of ScaleWe haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Federal Reserve Database https://fred.stlouisfed.org/series/LES1252881600Q#0 https://fred.st...2020-12-3042 minWords & NumbersWords & NumbersEpisode 203: Alternative Energy and Economies of ScaleWe haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Federal Reserve Database https://fred.stlouisfed.org/series/LES1252881600Q#0 https://fred.st...2020-12-3042 minThe Curious TaskThe Curious TaskLynne Kiesling — Can Markets Restructure Energy?Alex Aragona speaks with Lynne Kiesling as she explores the current structure of energy systems and delivery, and how they can be restructured in more market-oriented ways. References from Episode 59 with Lynne Kiesling You can buy Lynne Kiesling’s book, Deregulation, Innovation and Market Liberalization: Electricity Regulation in a Continually Evolving Environment, on Amazon Canada at this link. You can read more about Ben Franklin’s famous Kite-in-a-Thunderstorm Experiment that was briefly mentioned by Lynne here. Paul M. Sweezy’s analysis of Schumpeter’s Theory of Innovation may be accessed through an active account with the JSTOR databa...2020-09-161h 07Power LinePower LineKiller Tomatoes and the Electricity GridWhat could the cult-camp classic “Attack of the Killer Tomatoes” have to do with the electricity grid? A lot, as it turns out, and Steve Hayward ponders this gonzo crossover topic with three experts on energy policy, Lynne Kiesling of Purdue University, author Robert Bryce, and author/activist Tisha Schuller. Not only does this episode feature killer garden produce, but it also has Steve Martin... Source2018-06-251h 04Download the Best Full Audiobooks in Radio & TV, News, Business, & CultureDownload the Best Full Audiobooks in Radio & TV, News, Business, & CultureCatoAudio, September 2017 Audiobook by Caleb BrownPlease open https://hotaudiobook.com ONLY on your standard browser Safari, Chrome, Microsoft or Firefox to download full audiobooks of your choice for free. Title: CatoAudio, September 2017 Author: Caleb Brown Narrator: Caleb Brown Format: Original Recording Length: 1 hr and 12 mins Language: English Release date: 09-10-17 Publisher: The Cato Institute Genres: Radio & TV, News, Business, & Culture Publisher's Summary: Introduction Walter Olson and Trevor Burrus on the Supreme Courts 2016-2017 term. Lynne Kiesling on environmental economics. Patrick Eddington interviews Sen. Ron Wyden (D-OR) and Sen. Rand Paul (R-KY) on surveillance reform. Ilan Wurman on his book A Debt Against the Living...2017-09-101h 12Goldstein on GeltGoldstein on GeltWhy Energy Efficiency Needs to be Important to YouIs the recent market volatility a sign of hard times ahead? It depends who you ask. Some experts say the market's recent decline is a buying opportunity, while other analysts see it as the beginning of a bigger decline. Doug analyzes the options and shares the opinions of analyst Andrew Roberts (Royal Bank of Scotland) and previous Goldstein on Gelt guest Kimberly Foss. How should their forecasts affect you and your investments? While analysts debate whether recent market swings makes an efficient marketplace, there's also debate about efficient energy. Lynne Kiesling, associate professor at Northwestern University, explains how energy efficiency...2017-01-0325 min