Rob Bradley Gives a Brief History of US Electricity Regulation, with Lessons for the Recent Texas Freeze
Rob Bradley is an expert in the history of US energy markets. He explains the role of Sam Insull (co-founder of General Electric) in showing what a free market in electricity would look like, and then criticizes Texas’ ERCOT as a central planning agency.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview
Rob Bradley’s website, Master Resource
Rob’s article on the recent Texas freeze and Paul Krugman
Rob Bradley’s books Edison to Enron and Capitalism at Work
Harold Demsetz’s 1968 Journal of Law and Economics article, “Why Regulate Utilities?”
Robert…
The skinny
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