The Texas Electricity Market

December 18, 2009

Bill Peacock presents to the Arizona Legislature some lessons Texas learned in its successful transition to competition in the electricity market.

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A Right Way and a Wrong Way Forward on Housing Affordability

On Tuesday, former President Barack Obama gave an address to the Democrat National Convention (DNC) which, in part, broached the issue of housing affordability. On the matter, he said: “If we want to make it easier for more young people to buy a home, we need to build more units and clear away some of...

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Keeping Politics Out of State Pensions: A Multi-State Survey of Proxy Voting Practices

State pensions, including Texas, have been influenced by the wave of political activism within the finance industry and need to develop tools to ensure they stop supporting such activism. Key points – Consolidation in the finance industry has enabled progressive political activists to coopt the industry to advance their agenda on issues ranging from climate...

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Due Process is More Important than Efficiency: In Support of Jarkesy

When Olympic athletes compete for gold, they expect a fair competition. They expect their opponents to play by the rules, and they expect their judges to judge fairly. Indeed, controversy has arisen when people see judges award higher points to athletes from their home countries. While having fair judges is important to the integrity of...

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