The power system goverened by the Electric Reliability Council of Texas (ERCOT) is under discussion, amongst others by the Brattle group and BP, who all argue for more decentralisation of the market and less central planning.

http://knowledgeproblem.com/2012/07/12/hayeks-knowledge-problem-as-an-issue-i...

13 Jul 2012 - 2:13
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