Yet again the tragedy of the commons, for Indian power generation

1 Aug 2012

Surendra Rao, who was the chairman of the Central Electricity Regulatory Commission in 2001, when the nation’s last major blackout occurred, said that a fairly sophisticated system of circuit breakers should have prevented the failures on Monday and Tuesday. But, he said, the people manning the circuit breakers are bureaucrats beholden to state government officials, [...]
economics political science current affairs

Authors

Tyler Cowen

Published in
United States of America
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© Tyler Cowen

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