HeyJaredL. Lynne Kiesling
- Indexed articles, last 90 days
- 5
- Latest publication
- Aug 6, 2026
- Outlet visibility, for aei.org
- Top 500K sites
- Earliest in this view
- Jul 8, 2026
Latest articles
Prices, Commands, and the Flexible Grid, Part I (opens the original)
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What Boiteux, Schweppe, and two decades of experimentation add to the debate over real-time electricity pricing Matt Yglesias recently defended “a great idea that everyone hates”: charging residential customers prices that track conditions in wholesale power markets. The argument is straightforward and well established in electricity economics. Flat retail rates conceal the cost of serving demand during scarce, congested hours, weakening incentives to shift flexible consumption and forcing utili
A New Power Grid for a New Technological Era (opens the original)
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In a recent article I told the story of a thorny coordination problem. Thomas Edison’s great achievement was not the light bulb but the system around it—generation, wires, meters, financing, and service—bound together because each piece was nearly worthless without the others. That tight coupling, paired with expensive, long-lived assets, made market coordination costly, so the industry coordinated through hierarchy instead. The vertically integrated, regulated utility was in part a Coasean resp
Tocqueville’s Political Science of American Democracy (opens the original)
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Reminder: I am using multiple translations; my main reading is from the hardbound copy of the Mansfield translation. When I refer to page numbers it’s to the Mansfield translation, and when I want to pull quotes that are longer I’ll use the online Schleifer translation, so the text may not match exactly but they are close (and I also read French so I calibrated across the translations to get comfy with Tocqueville’s word choice). In the closing chapters of Volume 1 of Democracy in America, Tocqu
Repairable Mistakes: Tocqueville on Democracy’s Self-Correcting Institutions (opens the original)
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Reminder: I am using multiple translations; my main reading is from the hardbound copy of the Mansfield translation. When I refer to page numbers it’s to the Mansfield translation, and when I want to pull quotes that are longer I’ll use the online Schleifer translation, so the text may not match exactly but they are close (and I also read French so I calibrated across the translations to get comfy with Tocqueville’s word choice). Part II, Chapters 6 through 8 of Democracy in America build on eac
Ride Through as a Coasean Bargain (opens the original)
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I am fascinated by ride through, and if you read Knowledge Problem you, too, should be at least intrigued if not fascinated. Ride through is an operational rule in power systems requiring that a customer’s load stay connected to the grid during a brief disturbance rather than disconnecting immediately. The physics of alternating current is the issue. In an AC system, voltage and current oscillate as a sine wave at a nominal frequency (60 hertz in the United States) and the grid operator has to k
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