Letters and Replies, Winter 2008–2009
By Raymond C. Niles
To the Editor:
Raymond C. Niles’s article “Property Rights and the Crisis of the Electric Grid” (TOS, Summer 2008) provides an excellent examination of the events that led to the rolling blackouts in California. I have a question, however, regarding one aspect of those events. Niles writes: “As the market price of electricity in California exceeded the l…
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