Energy

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

By Dan Sally, originally published by You Don’t Have to Yell

November 28, 2022

Coal plant

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 www.williamblair.com or at www.bpeinstitute.org

For additional commentary on this episode and more, sign up for YDHTY’s email newsletter at www.ydhty.com/news

 

Teaser photo credit: Castle Gate Plant near Helper, Utah. By David Jolley at the English Wikipedia, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=8010162

Dan Sally

Host – You Don’t Have to Yell: apple.co/3a7oX6 | Digital Strategy Council at Rank the Vote |.

Tags: economics of energy

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