Words & Numbers

Episode 203: Alternative Energy and Economies of Scale


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We haven’t seen widespread adoption of alternative energy because, for many decades, energy generated from fossil fuels was cheaper. As with any technology, as time progressed, superior technologies evolved. Also, as time progressed, demand for alternative energy increased, resulting in economies of scale.

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Quick Hits

Federal Reserve Database

https://fred.stlouisfed.org/series/LES1252881600Q#0

https://fred.stlouisfed.org/series/COMPRNFB#0

Jeff Bezos: Richest Person in the World

https://www.npr.org/2020/12/10/944620768/theres-rich-and-theres-jeff-bezos-rich-meet-the-members-of-the-100-billion-club

The Richest People Who Ever Lived

https://www.finance-monthly.com/2019/02/who-is-the-richest-person-that-ever-lived/

Average Person Spends 44 Years Looking at Devices

https://www.studyfinds.org/screen-zombies-average-person-spends-44-years-looking-at-devices/

Foolishness of the Week

Secret Witness

https://thehill.com/homenews/news/531668-washington-post-identifies-powells-secret-witness-as-pro-trump-podcaster

Topic of the Weekhttps://www.cmu.edu/epp/people/faculty/lynne-kiesling.html

https://ourworldindata.org/cheap-renewables-growth

https://www.researchgate.net/publication/286674124_Deregulation_innovation_and_market_liberalization_Electricity_regulation_in_a_continually_evolving_environment

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