- Original Message -
From: "Sabri Oncu" [EMAIL PROTECTED]
People "steal" electricity regularly in Turkey (maybe Patrick Bond would
offer some information about a similar phenomenon in South Africa) not
only because they cannot pay for it but also because it is very
difficult to determine wh
Max:
> Don't know much about (anything, actually)
> electricity, but . . .
>
> I doubt the relevance of rivalness/excludability
> in this context (putting aside enviro/other
> externalities). Seems to me the main things
> are natural monopoly, oui or non.
Well. I had to take a few courses from t
Max wrote:
So for items 2 and 3, the issue is not
fragmentation ("competition") v. monopoly,
but public v. private regulated monopoly.
True, but can a privately regulated monopoly efficiently and reliably
provide a good that sometimes behaves like a public good and sometimes
behaves like a private
Don't know much about (anything, actually)
electricity, but . . .
I doubt the relevance of rivalness/excludability
in this context (putting aside enviro/other
externalities). Seems to me the main things
are natural monopoly, oui or non.
#s 2 and 3 don't lend themselves to overlap--
2 is land-int
Paul Krugman wrote:
We still don't know what started the chain
reaction on Thursday.
Whatever the initial cause, however, the current guess is that a
local
event turned into an epic blackout because the transmission network
has
been neglected.
And the cause of that neglect is faith-based deregula
August 19, 2003/New York TIMES
The Road to Ruin
By PAUL KRUGMAN
We still don't know what started the chain reaction on Thursday.
Whatever the initial cause, however, the current guess is that a local
event turned into an epic blackout because the transmission network has
been neglected. That is,
