At the intersection of me and economics.
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The Future is Electric

I would like to make a prediction: the future is electric.  In the not so distant future, assuming oil doesn’t continue falling $15 as it did this week, our lives will be powered predominantly by electricity.  Currently, a good portion of our lives already are powered by little electrons zooming around copper pipes: lights, air conditioning, iPods, Zunes (for those of you that have a Zune), computers, refrigerators, hot water heaters.  Our cars are small power plants that produce electricity for all those creature comforts contained in the cabin.   You might ask, what’s left for electricity to power?  Your car.  [Read more →]

July 19, 2008   2 Comments