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Dick Schmalensee

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In this week’s episode, host Daniel Raimi talks with Dick Schmalensee, a professor emeritus of the MIT Sloan School of Management and a former chair of the board of directors at Resources for the Future. Schmalensee and Raimi cover the takeaways from a recent study on the future of energy storage that Schmalensee coauthored, along with related insights and implications for current and future policy. They discuss the role of energy storage in a net-zero-emissions electricity system, the strengths and weaknesses of key energy storage technologies, and what these technologies might cost.References and recommendations:“The Future of Energy Storage” by Robert Armstrong, Yet-Ming Chiang, Howard Gruenspecht, Fikile Brushett, John Deutch, Seiji Engelkemier, Emre Gençer, Robert Jaffe, Paul Joskow, Dharik Mallapragada, Elsa Olivetti, Richard Schmalensee, Robert Stoner, Chi-Jen Yang, Bjorn Brandtzaeg, Patrick Brown, Kevin Huang, Johannes Pfeifenberger, Francis O’Sullivan, Yang Shao-Horn, Meia Alsup, Andres Badel, Marc Barbar, Weiran Gao, Drake Hernandez, Cristian Junge, Thaneer Malai Narayanan, Kara Rodby, and Cathy Wang; https://energy.mit.edu/research/future-of-energy-storage/“As the Great Salt Lake Dries Up, Utah Faces an ‘Environmental Nuclear Bomb’” by Christopher Flavelle; https://www.nytimes.com/2022/06/07/climate/salt-lake-city-climate-disaster.html“A durable US climate strategy … or a house of cards?” by Richard Richels, Benjamin Santer, Henry Jacoby, and Gary Yohe; https://yaleclimateconnections.org/2022/06/a-durable-u-s-climate-strategy-or-a-house-of-cards/

In this week’s episode, host Daniel Raimi talks with Dick Schmalensee, a professor emeritus of the MIT Sloan School of Management and a former chair of the board of directors at Resources for the Future. Schmalensee and Raimi cover the takeaways from a recent study on the future of energy storage that Schmalensee coauthored, along with related insights and implications for current and future policy. They discuss the role of energy storage in a net-zero-emissions electricity system, the strengths and weaknesses of key energy storage technologies, and what these technologies might cost. References and recommendations: “The Future of Energy Storage” by Robert Armstrong, Yet-Ming Chiang, Howard Gruenspecht, Fikile Brushett, John Deutch, Seiji Engelkemier, Emre Gençer, Robert Jaffe, Paul Joskow, Dharik Mallapragada, Elsa Olivetti, Richard Schmalensee, Robert Stoner, Chi-Jen Yang, Bjorn Brandtzaeg, Patrick Brown, Kevin Huang, Johannes Pfeifenberger, Francis O’Sullivan, Yang Shao-Horn, Meia Alsup, Andres Badel, Marc Barbar, Weiran Gao, Drake Hernandez, Cristian Junge, Thaneer Malai Narayanan, Kara Rodby, and Cathy Wang; <a href="https://energy.mit.edu/research/future-of-energy-storage/" rel="nofollow" target="_blank">https://energy.mit.edu/research/future-of-energy-storage/</a> “As the Great Salt Lake Dries Up, Utah Faces an ‘Environmental Nuclear Bomb’” by Christopher Flavelle; <a href="https://www.nytimes.com/2022/06/07/climate/salt-lake-city-climate-disaster.html" rel="nofollow" target="_blank">https://www.nytimes.com/2022/06/07/climate/salt-lake-city-climate-disaster.html</a> “A durable US climate strategy … or a house of cards?” by Richard Richels, Benjamin Santer, Henry Jacoby, and Gary Yohe; <a href="https://yaleclimateconnections.org/2022/06/a-durable-u-s-climate-strategy-or-a-house-of-cards/" rel="nofollow" target="_blank">https://yaleclimateconnections.org/2022/06/a-durable-u-s-climate-strategy-or-a-house-of-cards/</a>

The Future of Energy Storage, with Dick Schmalensee

We're going live a day early this week in anticipation of not one, but two, very special announcements tomorrow from the team here at Collective Campus.  This week's guest is Richard Schmalensee, the Howard W. Johnson Professor of Management Emeritus and Professor of Economics Emeritus at the Massachusetts Institute of Technology (MIT). He served as the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007. He was as a Member of the President's Council of Economic Advisers from 1989 through 1991 and served for 12 years as Director of the MIT Center for Energy and Environmental Policy Research. Professor Schmalensee is the author or co-author of 12 books and more than 120 published articles. His research has centered on industrial organization economics and its application to managerial and public policy issues, and he was the 2012 Distinguished Fellow of the Industrial Organization Society. Professor Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He has served on the Executive Committee of the American Economic Association and has been a Director of the International Securities Exchange and other corporations. He is currently a Director of the International Data Group and the National Bureau of Economic Research, and is Chairman of the Board of Directors of Resources for the Future. He has testified before Congress and served as a consultant to government agencies and numerous private firms.   Topics Discussed: - The difference between single-sided and multi-sided marketplaces - The challenges of growing a marketplace platform like Airbnb - What successful marketplaces have in common - How to increase your chances of success when building a marketplace - The role of marketplaces in employee and contractor welfare - Are sharing economy companies really about sharing? - Regulatory considerations - The impact of blockchain on marketplaces   Show Notes: 1. Richard’s books:    Matchmakers: The New Economics of Multisided Platforms - https://amzn.to/2QNtbpz     Paying with Plastic: The Digital Revolution in Buying and Borrowing - https://amzn.to/2xyuCQN     Invisible Engines: How Software Platforms Drive Innovation and Transform Industries - https://amzn.to/2Nyrq1x     Management: Inventing and Delivering Its Future - https://amzn.to/2zn4bis     Harnessing Renewable Energy in Electric Power Systems: Theory, Practice, Policy - https://amzn.to/2MUdhGH       2. Richard’s LinkedIn: www.linkedin.com/in/richard-schmalensee-699252  3. Marketplatforms.com 4. Richard's profile at MIT: rschmal.scripts.mit.edu/   --- I hope you enjoyed this episode. If you’d like to receive a weekly email from me, complete with reflections, books I’ve been reading, words of wisdom and access to blogs, ebooks and more that I’m publishing on a regular basis, just leave your details at www.futuresquared.xyz/subscribe and you’ll receive the very next one. Listen on Apple Podcasts @ goo.gl/sMnEa0 Also available on: Spotify, Google Play, Stitcher and Soundcloud Twitter: www.twitter.com/steveglaveski Instagram: www.instagram.com/@thesteveglaveski Future Squared: www.futuresquared.xyz Steve Glaveski: www.steveglaveski.com Medium: www.medium.com/@steveglaveski   GET COACHED BY LUCAS: https://www.ergogenic.health/product/coaching  GET LUCAS TO DESIGN YOUR SUPPLEMENT PROTOCOL: https://www.ergogenic.health/product/custom-stack 

We're going live a day early this week in anticipation of not one, but two, very special announcements tomorrow from the team here at Collective Campus.  This week's guest is Richard Schmalensee, the Howard W. Johnson Professor of Management Emeritus and Professor of Economics Emeritus at the Massachusetts Institute of Technology (MIT). He served as the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007. He was as a Member of the President's Council of Economic Advisers from 1989 through 1991 and served for 12 years as Director of the MIT Center for Energy and Environmental Policy Research. Professor Schmalensee is the author or co-author of 12 books and more than 120 published articles. His research has centered on industrial organization economics and its application to managerial and public policy issues, and he was the 2012 Distinguished Fellow of the Industrial Organization Society. Professor Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He has served on the Executive Committee of the American Economic Association and has been a Director of the International Securities Exchange and other corporations. He is currently a Director of the International Data Group and the National Bureau of Economic Research, and is Chairman of the Board of Directors of Resources for the Future. He has testified before Congress and served as a consultant to government agencies and numerous private firms. Topics Discussed: - The difference between single-sided and multi-sided marketplaces - The challenges of growing a marketplace platform like Airbnb - What successful marketplaces have in common - How to increase your chances of success when building a marketplace - The role of marketplaces in employee and contractor welfare - Are sharing economy companies really about sharing? - Regulatory considerations - The impact of blockchain on marketplaces Show Notes: 1. Richard’s books: <ul> <li> Matchmakers: The New Economics of Multisided Platforms - <a href="https://amzn.to/2QNtbpz" rel="nofollow" target="_blank">https://amzn.to/2QNtbpz</a> </li> <li> Paying with Plastic: The Digital Revolution in Buying and Borrowing - <a href="https://amzn.to/2xyuCQN" rel="nofollow" target="_blank">https://amzn.to/2xyuCQN</a> </li> <li> Invisible Engines: How Software Platforms Drive Innovation and Transform Industries - <a href="https://amzn.to/2Nyrq1x" rel="nofollow" target="_blank">https://amzn.to/2Nyrq1x</a> </li> <li> Management: Inventing and Delivering Its Future - <a href="https://amzn.to/2zn4bis" rel="nofollow" target="_blank">https://amzn.to/2zn4bis</a> </li> <li> Harnessing Renewable Energy in Electric Power Systems: Theory, Practice, Policy - <a href="https://amzn.to/2MUdhGH" rel="nofollow" target="_blank">https://amzn.to/2MUdhGH</a> </li> </ul> 2. Richard’s LinkedIn: <a href="http://www.linkedin.com/in/richard-schmalensee-699252" rel="nofollow" target="_blank">www.linkedin.com/in/richard-schmalensee-699252</a> 3. <a href="Marketplatforms.com" rel="nofollow" target="_blank">Marketplatforms.com</a> 4. Richard's profile at MIT: <a href="rschmal.scripts.mit.edu/" rel="nofollow" target="_blank">rschmal.scripts.mit.edu/</a> --- I hope you enjoyed this episode. If you’d like to receive a weekly email from me, complete with reflections, books I’ve been reading, words of wisdom and access to blogs, ebooks and more that I’m publishing on a regular basis, just leave your details at <a href="http://www.futuresquared.xyz/subscribe" rel="nofollow noopener noreferrer" target="_blank">www.futuresquared.xyz/subscribe</a> and you’ll receive the very next one. Listen on Apple Podcasts @ <a href="http://goo.gl/sMnEa0" rel="nofollow noopener noreferrer" target="_blank">goo.gl/sMnEa0</a> Also available on: Spotify, Google Play, Stitcher and Soundcloud Twitter: <a href="http://www.twitter.com/steveglaveski" rel="nofollow noopener noreferrer" target="_blank">www.twitter.com/steveglaveski</a> Instagram: <a href="http://www.instagram.com/@thesteveglaveski" rel="nofollow noopener noreferrer" target="_blank">www.instagram.com/@thesteveglaveski</a> Future Squared: <a href="http://www.futuresquared.xyz/" rel="nofollow noopener noreferrer" target="_blank">www.futuresquared.xyz</a> Steve Glaveski: <a href="http://www.steveglaveski.com/" rel="nofollow noopener noreferrer" target="_blank">www.steveglaveski.com</a> Medium: <a href="http://www.medium.com/@steveglaveski" rel="nofollow noopener noreferrer" target="_blank">www.medium.com/@steveglaveski</a> <ul> <li> GET COACHED BY LUCAS: <a href="https://www.ergogenic.health/product/coaching" rel="nofollow noopener" target="_blank">https://www.ergogenic.health/product/coaching</a> </li> <li>GET LUCAS TO DESIGN YOUR SUPPLEMENT PROTOCOL: <a href="https://www.ergogenic.health/product/custom-stack" rel="nofollow noopener" target="_blank">https://www.ergogenic.health/product/custom-stack</a></li> </ul>

Episode #59: Matchmakers and Marketplaces with MIT's Dick Schmalensee