Resource-rich countries are plagued by macroeconomic crises known as “Dutch Disease,” which is associated with the inflation of local currencies on account of a large influx of foreign exchange and a dip in labor supply… Read More »Poor Little Rich Countries: Another Look at the Resource Curse
Regulation has long been defined in terms of damage control. This article argues for a need to expand this focus to include proactive principles for achieving society’s goals. An approach to democratizing the economy should… Read More »The Democratic Economy of Public Utility Commissions
Adequate mitigation of the risks of climate change requires rapid displacement of fossil fuels with carbon-free energy sources. This imperative has prompted a growing chorus of energy analysts, policymakers, and industry advocates to press for… Read More »Nuclear Power: Should It Have a Role?
The massive national experiment in electricity deregulation—launched by over a dozen states more than a decade ago in the wake of the Reagan revolution—has failed on multiple counts. Intended to reduce electricity rates, deregulation instead… Read More »A Failed Experiment: Why Electricity Deregulation Did Not Work and Could Not Work
