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February 21, 2025

Innovating Future Power Systems: From Vision to Action

Key Points Read the full report here.

February 21, 2025

Haste Controls Waste! A Theory of Reform

I’m intensely ambivalent about fast-moving events in Washington, DC, where President Trump’s Department of Government Efficiency (DOGE), a joint venture with Elon Musk, is causing consternation. Whether part of a purposeful strategy or not, the administration is “flooding the zone” with activity, producing talk of “constitutional crisis” from critics who deplore loose talk from the…

February 20, 2025

Free Speech or Culpable Conduct? When Role-playing Chatbots Allegedly Harm Minors

In November, I examined a federal lawsuit filed by a Florida mother who claims that Character.AI ––a platform operated by Character Technologies, Inc.––and affiliated companies Alphabet and Google are civilly liable for her 14-year-old son’s suicide allegedly caused by a roleplaying chatbot. The outcome of Garcia v. Character Technologies, Inc. may prove momentous for two…

February 19, 2025

Regional Transmission Organizations as Market Platforms IV

Networks shape modern life. From roads to the internet to global supply chains, they enable movement, exchange, and value creation. But networks also suffer from congestion, a problem driven by both physical limitations and the difficulty of defining and enforcing property rights. In some networks, pricing mechanisms can help mitigate congestion, but political and regulatory…

February 19, 2025

Trump’s Tariffs Would Prime Prices at the Gas Pump

Donald Trump promised tariffs, and he delivered, imposing by executive fiat tariffs of 25 percent on imports from Canada (10 percent on Canadian energy) and Mexico and 10 percent on imports from China. His justifications are “the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl,” and our “major trade deficits with those countries.” According…

February 19, 2025

Regional Transmission Organizations as Market Platforms IV

Networks shape modern life. From roads to the internet to global supply chains, they enable movement, exchange, and value creation. But networks also suffer from congestion, a problem driven by both physical limitations and the difficulty of defining and enforcing property rights. In some networks, pricing mechanisms can help mitigate congestion, but political and regulatory…

February 19, 2025

Will the Department of Justice Break the Internet?

There were many contradictions in antitrust enforcement under Biden. But what if Trump’s administration follows the same path? In a striking irony, the Department of Justice’s (DOJ) antitrust case against Google, which was decided last summer, may reduce competition—both in search and in access to the World Wide Web. The DOJ’s proposed remedies would stifle…

February 19, 2025

Practical Steps Towards Data and Software Resilience

The trade-off between resilience and efficiency in cloud-based data storage models begs consideration. Cloud-based models make an individual’s data available seamlessly, regardless of the device used. Data—and even the software used to process it (such as Microsoft Office 365)—are no longer tied to a specific location. The IT landscape has been revolutionized as almost all…

February 18, 2025

Another Step Forward in NEPA Reform

America’s system of environmental reviews has been choking progress for a half-century. A key culprit: the National Environmental Policy Act, once a seemingly sensible safeguard that has metastasized into a bureaucratic quagmire that can entangle projects for years at great cost. As I write in my 2023 book, The Conservative Futurist: How To Create the Sci-Fi…

February 18, 2025

The Dilemmas of Democracy

In his classic 1960 book, The Semisovereign People, political scientist E.E. Schattschneider identified a dilemma of democracy: All of us are ignorant about most things, making each of us unsuitable to govern — yet we also have a belief that everyone should be allowed to participate in governance, with our political leaders chosen from among the…