Northwestern professor chosen for 27th Milton Friedman Lecture

Dr. Lynne Kiesling, a senior lecturer at Northwestern University’s Department of Economics, will speak on Regulation and Technological Change: The Case of Electricity during the 27th Milton Friedman Lecture.

The lecture, which is free and open to the public, is at 7:30 p.m. Sunday, Jan. 30, in the Alma McDonough Auditorium at Marietta College. Kiesling will also speak to the Economic Roundtable of Ohio Valley luncheon at noon Monday, Jan. 31 at the Lafayette Hotel in Marietta.

Kiesling is also a senior lecturer in the Social Enterprise at Kellogg (SEEK) program in the Kellogg School of Management at Northwestern. At Northwestern she is also a faculty member in the Northwestern Institute on Complex Systems (NICO) and a faculty affiliate in the Center for the Study of Industrial Organization (CSIO).

Kiesling is the author or co-author of many academic journal articles, book chapters, policy studies, and public interest comments, most of which analyze electricity policy and market design issues. Her specialization is industrial organization and regulatory policy. She also teaches undergraduate courses in energy economics, environmental economics, and history of economic thought, and writes about economics as the editor/owner at the website Knowledge Problem.

As a noted expert in demand response, end-use technology, and retail competition, Kiesling has been asked to speak to various academic, industrial, and regulatory groups about regulatory policy, institutional change, and experimental economic analysis of electric power market design. She has served as a peer reviewer for the U.S. Department of Energy and the National Science Foundation, and for academic journals including Energy JournalPublic Choice, and Review of Economics and Statistics. She has provided expert testimony in proceedings before the Federal Energy Regulatory Commission, the California Public Utilities Commission, the Illinois Commerce Commission, and the New York Public Service Commission. She has also taught several economics workshops for regulators using experimental economics.

Kiesling is also currently a member of the GridWise Architecture Council, a group of 13 experts volunteering their time to articulate the guiding principles for an intelligent, transactive, energy system of the future, and to guide and promote measures to transform the nation’s electricity system into a more reliable, affordable, secure network in which users collaborate with suppliers in an information- and value-rich market environment.

She has a Ph.D. in Economics from Northwestern University and a B.S. in Economics from Miami University, Oxford, Ohio. Her previous appointments include Assistant Professor, College of William and Mary, Manager, Price Waterhouse/PricewaterhouseCoopers LLP, Director of Economic Policy, Reason Foundation, and Research Scholar, Interdisciplinary Center for Economic Science at George Mason University.

The Milton Friedman Lecture series is co-sponsored by Marietta College's EMA Department and the Economic Roundtable of the Ohio Valley and made possible, in large part, due to the good graces of the late Lester Merydith '27. Merydith was a strong believer in free markets and endowed this speaker series in honor of the Nobel Prize winning economist, Milton Friedman, who died in November 2006.