Why Economic Models Neglect Energy, and Why That’s a Problem

November 28, 2022

As the Fed raises interest rates to fight inflation, the economic models they use include energy as a small part of the overall picture. Is that model flawed?

Jed Dorsheimer, head of Group Head of Energy & Sustainability at William Blair and former advisor on US Energy Policy to the Obama Administration explains how dependent economic activity is on energy and an innovative framework that takes this into account.

You can learn about Jed’s work at or at

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Teaser photo credit: Castle Gate Plant near Helper, Utah. By David Jolley at the English Wikipedia, CC BY-SA 3.0,

Dan Sally

Host - You Don't Have to Yell: | Digital Strategy Council at Rank the Vote |.

Tags: economics of energy