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Texas Froze by Design

Project Syndicate

In 2002, under Governor Rick Perry, Texas deregulated its electricity system and established a free market, managed by a non-profit entity, with roughly 70 providers. But while the new system worked most of the time, people need electricity all the time....


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Richard Gibson's picture
Richard Gibson on Feb 27, 2021

The retail market was deregulated through legislation enacted in 1999 under Gov. Bush.  Not under Gov. Perry.

Bob Meinetz's picture
Bob Meinetz on Feb 27, 2021

"But if socialism means entrusting life-and-death technical matters to engineers and others who know their stuff, and not to ideologues, hacks, and consultants, then many shivering Texans might prefer that curse to the one we’re living with right now."

So true. The story of personal vs. public interest, in a nutshell.

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