Chris Villarreal
13.4K posts
Chris Villarreal
@venerable_bede
Baseball, Baylor, electricity policy nerd, and free markets. Former CA and MN PUC staff. Opinions reflected here are my own.






Wishing all my followers a very happy feast day of the Venerable Bede!

@JaneAFlegal @xiaowang1984 “We spend a lot and get little in return”? You can literally flip a switch almost anywhere in the US and get as much or little electricity as you want 99.9%+ of the time for some of the lowest costs in the world and residents can get it w/o a credit score or redlining. WTAF

Where’s all your money going when you pay your electric bill? It’s not going to where they say it is. It’s not building a better grid, it’s going to a legal form of theft. open.substack.com/pub/mattstolle…



@RicOConnell8 These generous donors should feel free to redirect their giving to the Cato Institute (or me personally) I’m only half joking. At this point, free markets could be a bigger boost to clean energy than a regime of heavy regulation plus subsidies

The answer to this strikes me as obvious: “yes.” Presumably OP is not saying, “this wealth should be spent on Porsches and Pateks instead of being spent on philanthropy!” Rather she seems to be hinting that the government should expropriate this wealth and spend it on ????>. That’s what “in a democracy” is usually code for in contexts like this, by the way. It’s code for giving the government more money and power. Ironic, given the origins of American democracy. Anyway, no, the government would have no idea what to spend this money on. Statistically speaking, this fortune, in the hands of the state, would most likely be squandered on old people’s retirement benefits, interest on debt, and weapons. “In a democracy.” There are a ton of important things we will need to invest in to “make AI go well.” Long-range, bold, ambitious investments made by prudent and wise people. I do not know what species of delusion one must have to believe that the US government is well positioned to serve that role. America is fortunate to have a private sector and civil society that at least has a fighting chance of being up to the task. There are many things I hope government will do during the AI transformation, but the expropriation gestured at below needs much more thought and justification than “in a democracy”-style sloganeering.

I cannot endorse this take enough. But I would go one step further: the electro-bros that are suddenly discovering energy for the first time are living in a fantasy land.













