Showing posts with label deregulation. Show all posts
Showing posts with label deregulation. Show all posts

Thursday, June 19, 2008

Property Rights and the Crisis of the Electric Grid

I am pleased to announce that the above-entitled article, written by (non-pseudonymous) me, has been published by The Objective Standard.

The article addresses what went wrong with the electric grid, and traces its problems to a critical failure to secure a vital asset in the earliest days of the industry. That failure, apparent even before Thomas Edison threw the switch to light up America's first commercial electric grid in Lower Manhattan in 1882, haunts the industry to this day. What is that vital asset? Why and how must it be secured? If it is, what kind of future becomes possible?

My answer is here.