dcmdon
Well-Known Member
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- Jul 19, 2021
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It is absolutely market forces acting on a singular product. Electricity.I appreciate the “let the market decide” bootstrap-capitalist approach, but this isn’t a singular product we’re discussing. It’s an entire infrastructure and economies of scale.
I don’t have time, nor am I qualified frankly, to get into a whole economics lesson on a wrangler forum, but I assure you it’s more complex thanmarket forces acting upon a singular product, as folks might like to make it out to be.
If the power distribution companies see a market for more power, they will build out the infrastructure on their own dime. No Government intervention.
The invisible hand is a beautiful thing, and Adam Smith was a smart guy.
https://en.wikipedia.org/wiki/Invisible_hand
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