The Economic Cost of Electricity Disruptions
Posted in Environment, Macroeconomics, Price System, Standards of Living on Jan 3rd, 2014
Humans are to electricity like fish are to water … or something close to it. Electricity has become so vital to our lives, yet so reliable, that we hardly think about it, perhaps even as we pay our monthly electricity bills. reflecting on our reliance upon electricity may lead one into a paradox, and it […]