Download torrent Selling Power : Economics, Policy, and Electric Utilities Before 1940
Download torrent Selling Power : Economics, Policy, and Electric Utilities Before 1940
Selling Power : Economics, Policy, and Electric Utilities Before 1940 .John L Neufeld
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Author: John L Neufeld
Page Count: 336 pages
Published Date: 22 Nov 2016
Publisher: University of Chicago Press
Publication Country: United States
Language: English
ISBN: 9780226399638
Download Link: Selling Power Economics, Policy, and Electric Utilities Before 1940
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We remember Thomas Edison as the inventor of the incandescent light bulb, but he deserves credit for something much larger, an even more singular invention that profoundly changed the way the world works: the modern electric utility industry. EdisonÂ’s light bulb was the first to work within a system where a utility generated electricity and distributed it to customers for lighting. The story of how electric utilities went within one generation from prototype to an indispensable part of most AmericansÂ’ lives is a story about the relationships between political and technological change.            John L. Neufeld offers a comprehensive historical treatment of the economics that shaped electric utilities. Compared with most industries, the organization of the electric utility industry is not—and cannot be—economically efficient. Most industries are kept by law in a state of fair competition, but the capital necessary to start an electric company—generators, transmission and distribution systems, and land and buildings—is so substantial that few companies can enter the market and compete. Therefore, the natural state of the electric utility industry since its inception has been a monopoly subject to government oversight. These characteristics of electric utilities—and electricityÂ’s importance—have created over time sharp political controversies, and changing public policies have dramatically changed the industryÂ’s structure to an extent matched by few other industries. Neufeld outlines the struggles that shaped the industryÂ’s development, and shows how the experience of electric utilities provides insight into the design of economic institutions, including todayÂ’s new large-scale markets. Â
Read online Selling Power : Economics, Policy, and Electric Utilities Before 1940 Buy Selling Power : Economics, Policy, and Electric Utilities Before 1940 Download and read Selling Power : Economics, Policy, and Electric Utilities Before 1940 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent Download to iPad/iPhone/iOS, B&N nook Selling Power : Economics, Policy, and Electric Utilities Before 1940 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent
Selling Power : Economics, Policy, and Electric Utilities Before 1940 .John L Neufeld
Author: John L Neufeld
Page Count: 336 pages
Published Date: 22 Nov 2016
Publisher: University of Chicago Press
Publication Country: United States
Language: English
ISBN: 9780226399638
Download Link: Selling Power Economics, Policy, and Electric Utilities Before 1940
---------------------------------------------------------------
We remember Thomas Edison as the inventor of the incandescent light bulb, but he deserves credit for something much larger, an even more singular invention that profoundly changed the way the world works: the modern electric utility industry. EdisonÂ’s light bulb was the first to work within a system where a utility generated electricity and distributed it to customers for lighting. The story of how electric utilities went within one generation from prototype to an indispensable part of most AmericansÂ’ lives is a story about the relationships between political and technological change.            John L. Neufeld offers a comprehensive historical treatment of the economics that shaped electric utilities. Compared with most industries, the organization of the electric utility industry is not—and cannot be—economically efficient. Most industries are kept by law in a state of fair competition, but the capital necessary to start an electric company—generators, transmission and distribution systems, and land and buildings—is so substantial that few companies can enter the market and compete. Therefore, the natural state of the electric utility industry since its inception has been a monopoly subject to government oversight. These characteristics of electric utilities—and electricityÂ’s importance—have created over time sharp political controversies, and changing public policies have dramatically changed the industryÂ’s structure to an extent matched by few other industries. Neufeld outlines the struggles that shaped the industryÂ’s development, and shows how the experience of electric utilities provides insight into the design of economic institutions, including todayÂ’s new large-scale markets. Â
Read online Selling Power : Economics, Policy, and Electric Utilities Before 1940 Buy Selling Power : Economics, Policy, and Electric Utilities Before 1940 Download and read Selling Power : Economics, Policy, and Electric Utilities Before 1940 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent Download to iPad/iPhone/iOS, B&N nook Selling Power : Economics, Policy, and Electric Utilities Before 1940 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent