Economists can’t predict the future, but economics can help improve policy today. Oil markets aren’t the first thing that hardly anyone thinks about when reading updates on the novel coronavirus. … Continue Reading Oil Market Impacts of COVID-19
Recent sales of U.S. nuclear plants raise questions about safety, liability, and economic incentives. (Today’s post is co-authored with Catherine Hausman, an assistant professor at the University of Michigan.) Last … Continue Reading Nuclear Moral Hazard
To meet ambitious climate goals EVs need to be more than niche product for rich people. It has been over a decade since Tesla introduced the original Roadster. At $100,000+ … Continue Reading An Electric Vehicle in Every Driveway?
New evidence shows millennials are not so different after all. Starting around 2012 there was a lot of discussion about millennials being different. “Why Don’t Young Americans Buy Cars?” asked … Continue Reading Millennials Grab the Wheel and Step on the Gas
Mexico’s gasoline shortages and the lessons of the U.S. gasoline crises of the 1970s. Drivers in eight Mexican states are facing around-the-block queues to buy gasoline this week. Many stations … Continue Reading Why Economists Can’t Stand Shortages
An inventor, fracking, history and the future. If you have been following this blog for a while, you know that we rotate Mondays. And, if you’ve been following it for … Continue Reading 2018 Energy Books
U.S. oil and gas executives are “paid-for-luck,” with executive compensation increasing with oil prices. (Today’s post is co-authored by Catherine Hausman, an assistant professor at the University of Michigan and … Continue Reading Are Oil and Gas Executives Overpaid?