Thursday, August 21, 2014

On Wisconsin energy regulation

San Francisco's Pacific Research Institute grades the cheeseheads at the very bottom of the class, when it comes to economic efficiency. Only California and New York are worse according to these criteria (degrees of retail choice among energy suppliers, stringency of regulation on energy production, restrictions on transportation and transmission of energy, price flexibility).

Which may have consequences for economic growth and employment within each state, as there seems to be a strong correlation with this index. Which prompts us to re-visit our favorite cheesehead economist, Menzie Chinn, and his ongoing crusade to prove things are better in Minnesota.

Maybe the U of Minnesota has more sophisticated economists than UW's?

No comments:

Post a Comment