> On 25 Feb 2021, at 19:39, 'Brent Meeker' via Everything List 
> <[email protected]> wrote:
> 
>> That’s because prohibition and free-market are inconsistent. Then, the 
>> abandon of rigour in the fundamental human science makes people accepting 
>> inconsistencies, which lead to human catastrophes. Even the “electric 
>> crisis” in Texas comes from the worst political isolationnisme possible, and 
>> a willingness to refuse a free-market for electricity. 
> 
> It came because they tried to make a free-market electric system.  The 
> electricity producers had no incentive to provide reliability against weather 
> events happening ten or twenty years apart. 


Only by limiting the system to the state, making the market not free, and 
unreliable. Free-market you buy it anywhere, at the lower price, even to 
foreigners. 



> To provide excess capability and backups and weatherize would just raise cost 
> and lose customers to the competition. 

In the Airline industries, that is mention as cutting corners. The type of 
economy which can make a plane to not de-ice properly and crash.

Again, this comes from making the texans unable to buy electricity elsewhere. 
It is perverse free-marketing, obliged to cut the security to get the fund to 
make the system working. 




> Customers were free to buy electricity on a daily basis...which is why some 
> of them now have $16,000 bills for five days service.

Which is simply insane. Normally we agree on the price, and then pay, and only 
if the product is well delivered and working. A free-market is not crime driven 
market, or when it does, it means we are confronted to criminals, like in the 
prohibition files.

Bruno

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