This is the best critique that I have read anywhere of how and why liberalised market design & marginal pricing undermine security of supply, and the many missed opportunities to improve the system with simple regulation at minimal or zero cost to consumers. Another excellent post Jerome thank you.
This is the best critique that I have read anywhere of how and why liberalised market design & marginal pricing undermine security of supply, and the many missed opportunities to improve the system with simple regulation at minimal or zero cost to consumers. Another excellent post Jerome thank you.