The end of blackouts
The Real Cause of Blackouts - Mises Institute
Just think about this general principle. When some good or service is in high demand, and economically feasible to deliver to those who demand it, and it is not being delivered in a way that is consistent with consumer welfare, you can bet that the state is involved. Get the state out of it, and you will see the dawning of an era without fear of blackouts.
The lack of competition gives the power companies no motivation to change after this blackout in Queens or the blackout of August 2003. Add competition and innovation would take place, prices would come down and service would improve. Simple.
