“A free market in electricity is based on private property rights and voluntary exchange.”

– Michael Giberson, May 19, 2024

It’s a start. It took me a few dozen tries, but the definition has come from a (not-so) free market electricity advocate, Mike Giberson. Maybe Lynne Kiesling, woman of system and “The Queen of Electricity Markets,” will be next.

Fake free marketeers at the Niskanen Center and at R Street Institute are a plague on sound public policy analysis regarding electricity and other climate/energy issues. The sad case of Jerry Taylor of Cato and Niskanen is recounted here and here. But the problem also is with the energy specialists at R Street, including senior fellow Giberson. (See yesterday’s post on Devin Hartman, Giberson’s boss.)

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Mike Giberson knows his energy stuff and was/is free market in many areas, except for electricity.…

“But messages [against] … Lynne [Kiesling] … just serve to marginalize you. …. I’d encourage you to divert your efforts to re-establishing the reputation you have had, because your existing approach has tarnished and is tarnishing it.” (Michael Giberson, below)

“Lynne and Mike’s modus operandi is tweak, tweak and continue down the road of climate alarmism – forced energy transformation – centrally planned electricity.”

Keep your eye on the ball. In recent days, I have noted the irony of the “Queen of Power Markets” Lynne Kiesling presiding over a Public Choice conference where her central planning electricity model (Independent System Operators/Regional Transmission Organizations) is not teed up for some serious Public Choice application. That’s the situation going into the conference, judging from the scheduled panels and talks.

Such was my Friday post, “Public Choice and Electricity: Kiesling Ducks Again (Plano, Tx.…

“Maybe in her Presidential Address (if enough people have read this critical post) she will be compelled to broach the subject of Public Choice and Electricity Planning. And maybe include a mea culpa that she finds herself admitting from time to time. Here’s hoping….”

The strange intellectual case of Lynne Kiesling–the technocratic ‘classical liberal’ championing a government planned, monopolistic electricity market–continues. Think seven Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) that regulate the in-and-out and pricing of grid electricity over multiple utility areas.

Public Choice Society Meeting

Next week is the 61st annual conference of the Public Choice Society, a stellar organization that applies Economics 101 to governmental institutions. “Methodological Individualism … Rational Choice … Politics-as-exchange.” A great tradition, a great conference ahead….

But … Kiesling is presiding as President of an 80-session, 220-presentation conference without a session in her pet area, governmental electricity planning.…

“Lynne Kiesling is a technocrat whose theories come alive in the governmental domain. She believes she has melded the free market and government planning in electricity. By playing classical liberal in other respects, she has fooled many free market types, while collecting many academic positions for her contra-capitalist views.”

Statism in classical-liberal garb is the story of electricity specialist Lynne Kiesling. This post documents her exchange with Travis Fisher, director of energy and environmental studies at the CATO Institute. She shows her style but avoids the fundamental arguments of markets-versus-government in electricity. My interpretation of Kiesling as contra-capitalist concludes this post.

This exchange occurred with a post by Todd Snitchler, head of the Electric Power Supply Association.

Fisher (to Kiesling): in a recent piece you attempt to reconcile designed markets with a Hayekian approach.…