Peter
Do you mean this title...
Rogers, William Brown-out - the Power Crisis in America
NY: Stein and Day, 1972
Michael K.
Peter Dorman wrote:
I recall seeing this in a book entitled Brownout, although no such book
appears in WorldCat. Perhaps it was an apparition...
Peter
Michael Perelman wrote:
Peter, you have written this before. Where did you discover this?
On Tue, Feb 13, 2001 at 12:36:04PM -0800, Peter Dorman wrote:
> Sam Insull, if I remember correctly, is the tycoon who paid a group of
> economists to develop the theory of "natural monopoly". It justified the
> enforced monopoly status of the electrical utilities.
>
> Peter
>
> Louis Proyect wrote:
>
> > Perhaps no more apt symbol of the excesses of 1920s capitalism was one
> > Samuel Insull, the Michael Milken of his day. Insull, like the sharks in
> > present-day California, built a complex and bewildering corporate
pyramid
> > out of power utilities that left investors penniless and consumers in
> > misery.
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
